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Stimulus check: $1,400 for you, $1,400 a week for federal employees
submitted 3 years ago by purselady from washingtontimes.com
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[–]Zapped 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 3 years ago (0 children)
Yes. This is just a huge tax bill. Most of the money is going to government entities. By printing money, it takes value from existing money. This is the same as taking a percentage of all money in circulation: in your bank account, in your wallet, under your mattress. That's why people are exchanging their cash for stocks, real estate, and commodities.
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[–]Zapped 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (0 children)