Meme of the Day: Pelosi Crowned Queen of Debt

In 2,000 days as House speaker, Nancy Pelosi has increased U.S. debt a record $9.6 trillion, more than all the debt from all speakers who served before Pelosi first took the position on January 4, 2007. Spending bills originate in the House.

RELATED: Pelosi’s husband began buying up Slack, Microsoft and Alphabet securities in late February before state governors began shutting down the country.

Inflation, Debt and Stimulus

The largest stimulus bill in history was passed two weeks ago, at more than $2 trillion. There are three methods of paying this back:

Raise taxes.

Print money

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John Stossel has thoughts on each method at johnstossel.com.

WILL THIS CAUSE INFLATION?

Economic losses by the shut down will be close to $5-6 trillion, so printing even $3 trillion will not be inflationary, according to Armstrong Economics.

People will not spend the liquid capital, but will instead hoard it since they do not trust the future.

But, the destruction of capital goods is just getting started.