Showing posts with label Senator Jamie Raskin. Show all posts
Showing posts with label Senator Jamie Raskin. Show all posts

Thursday, October 10, 2024

REP. THOMAS MASSIE: Printing money is poison to our Economy

RASKIN:  How do you explain the global . . . ? 

MASSIE:  Yeah, I'm glad you asked me that, Professor Raskin.  Because they did the same thing in Europe.  They did this everywhere.  They printed their own equivalence of the Federal Reserve and Treasuries and created their own money out of thin air.  It may be the only thing that saved our dollar is that everybody else did the same thing to their currency.  The question is . . . right now we're coming up on the debt limit.  Why isn't anybody proposing to print more money?  Why aren't the economists proposing to print more money?  Because it is poison.  When you print money it is poison to our economy.  It is . . .