The government is throwing gasoline on a fire

In March, President Donald Trump passed several bills allowing for “stimulus” to the United States economy. The most well-known amongst these was the CARES Act (costing $2 trillion) which sent $1,200 to every adult making under $99,000 per year. Other parts of the stimulus went to big corporations and propping up the stock market. Many people applauded the bill, as it gave money to those who had lost their jobs due to shutdowns amidst the pandemic. However, there are many hidden costs to this bill that are often ignored.

To understand the cost of the stimulus bill, we must first understand the value of the United States Dollar. While it may not seem obvious, the dollar, like anything else, has a price associated with it. This can be confusing at first, since one dollar is by definition worth just that – one dollar. That said, it is constantly being traded with other goods and…

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