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.
