Inflation is at its highest point in decades with no improvement in sight. As a matter of fact, most economists believe that if democrats get their wish and they borrow and print money for their economic plan, that we'll break inflation records. All of this means of course, less discretionary money for you and I to spend.
It's time for me to share the story again which addresses pumping phony money into an economy.
"Once there was a businessman who was travelling in his car and he began to get sleepy so he decided to stop at the only motel in a small town he entered. The owner of the motel charged him $100 for the room and he paid cash. The owner then walked across the street to the bakery because he owed the owner $100 for the baked goods she provided the motel. So now they are good. She then went to the farmer for whom she owed $100 for milk and eggs and got herself out of debt with him. The farmer then drove into town to pay Sarah (a prostitute), $100 that he owed her. So now he's out of debt. Sarah then goes to the motel owner and hands him the $100 she got from the farmer because the owner had allowed her credit for use of his rooms. So now she's out of debt. Then the businessman walks up to the owner and tells him he got a call and had to get home immediately and he won't need his room for the night so the owner handed him his $100 back. Let's look at what happened. Everyone's out of debt but the money wasn't real. It never stayed in their economy to go round and round again. Everyone will initially feel good that they're out of debt but then they'll realize business is down. If the businessman would've stayed there, his money would've stayed there. The $100 would go round and round, and round again, helping their economy."
The fact is, democrats and way too many Republicans, seem to be okay with becoming slaves to countries like China and Japan who own a chunk of our nation. PLEASE LET THAT SINK IN. They're okay with printing more money that isn't backed up with any form of collateral. This means if you travel to someplace like Europe, your dollar will end up being worth about $.75 cents. How embarrassing!
It's time for me to share the story again which addresses pumping phony money into an economy.
"Once there was a businessman who was travelling in his car and he began to get sleepy so he decided to stop at the only motel in a small town he entered. The owner of the motel charged him $100 for the room and he paid cash. The owner then walked across the street to the bakery because he owed the owner $100 for the baked goods she provided the motel. So now they are good. She then went to the farmer for whom she owed $100 for milk and eggs and got herself out of debt with him. The farmer then drove into town to pay Sarah (a prostitute), $100 that he owed her. So now he's out of debt. Sarah then goes to the motel owner and hands him the $100 she got from the farmer because the owner had allowed her credit for use of his rooms. So now she's out of debt. Then the businessman walks up to the owner and tells him he got a call and had to get home immediately and he won't need his room for the night so the owner handed him his $100 back. Let's look at what happened. Everyone's out of debt but the money wasn't real. It never stayed in their economy to go round and round again. Everyone will initially feel good that they're out of debt but then they'll realize business is down. If the businessman would've stayed there, his money would've stayed there. The $100 would go round and round, and round again, helping their economy."
The fact is, democrats and way too many Republicans, seem to be okay with becoming slaves to countries like China and Japan who own a chunk of our nation. PLEASE LET THAT SINK IN. They're okay with printing more money that isn't backed up with any form of collateral. This means if you travel to someplace like Europe, your dollar will end up being worth about $.75 cents. How embarrassing!
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