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Mooaar Helicopter Checks—Just In The (St.) Nick Of Time!

Summary:
Specifically, the survey found that 16 percent of Americans plan to spend more on holiday gifts this year. But with another ,200 stimulus check, 22 percent of Americans say they will spend more this holiday season. Somehow, Christmas spending has become dependent on government stimulus checks. But, remember, government stimulus is dependent on printing press money. And printing press money is dependent on the dollar retaining some semblance of value. https://www.zerohedge.com/economics/sisyphean-folly-printing-press-money

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Specifically, the survey found that 16 percent of Americans plan to spend more on holiday gifts this year. But with another $1,200 stimulus check, 22 percent of Americans say they will spend more this holiday season.

Somehow, Christmas spending has become dependent on government stimulus checks. But, remember, government stimulus is dependent on printing press money. And printing press money is dependent on the dollar retaining some semblance of value.

https://www.zerohedge.com/economics/sisyphean-folly-printing-press-money

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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