๐จ๐บ๐ธ THE UNITED STATES PRINTED $6 TRILLION IN 2020 โ AND THE DAMAGE IS STILL SPREADING
In 2020, when the U.S. economy faced bankruptcy, Washington tried to revive it the easy way โ by printing $6 trillion out of thin air.
The money rained down from the skies everywhere: Wall Street, big banks, local governments โ and some checks thrown into public accounts to maintain calm.
It looked like salvation. In reality, it was a slow-moving disaster.
For decades, the rule was simple: if a business fails, it fails.
Thatโs how capitalism fixes itself โ the bad gets wiped out, the strong survive.
However, since the 1980s, bailouts have become an addiction. Oil loans in the '80s. Wall Street in 2008. And in 2020, the entire system.
The cost?
โข Recorded inflation
โข Artificial growth
โข A mountain of debt to be climbed by your generation now
And instead of accountability, experts blame each other for the "supply chain" and "corporate greed."
Sure. Clearly not a money printer operating hot for a full year.
Hereโs the uncomfortable truth: if printing money solved problems, we wouldnโt have recessions, inflation, or poverty.
Because it doesnโt create wealth โ it only distorts time.
You donโt see the damage until much later, when the bills finally come โ with interest.
2020 was not a bailout. It was a reset on borrowed time.
Source: Mises Institute
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