Cards as an inflation hedge ?

[Mark17]

Originally Posted by ajjohnsonsoxfan

All in all, I think the government did a pretty remarkable job given the circumstances in 2020/2021 to safeguard individuals and small business and keep the economy humming. There would have been no way to vet everyone in a timely manner to get the money out to make a difference. The blanket strategy was the only way it could have gone. We'd be in a far worse spot right now if no stimmy was given.

And the national debt only increased by 5 trillion dollars.

With impending inflation, spurred by this massive infusion of newly created dollars, the interest we'll be paying on the pre-existing debt, plus the interest on this new 5 trillion debt, will be a hefty burden on our federal budget forever.

Or, until our currency collapses under the weight of all this reckless debt.