The Fed is going to print some money to send out to people in the hope it will "stimulate the economy", and forestall inevitable economic turndown.
GIVE
ME
A
BREAK
I can see it now. A lot of the checks (printed money) will be of a denomination that will buy a new flat screen tv set that's made in China. Do you see what's happening here? The "printed money" comes from more debt, some no doubt owed to China who gets interest on the money we owe them and profit from the goods we buy from them.
In the long run, how will this help our economy?
DUH!!!!!!!!!!!
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