The author is acknowledging what... there is somelogic or truth to unlimited spending and printing money to pay the bills? Or is he suggesting he understands why nincompoops like it (or even understand it's ramifications)?
Then there is some veiled and complicated explanation about the downside of this monetary policy.... Really?
Good Lord. The monetary policy espoused by these folks where spending is funded through printed money has been tried. But the article never mentions the root cause and effect of it. It adds currency into the economy without any production. It devalues the money. It creates inflation and makes saved dollars worth less.
Magabee? Zimbabwe? The article missed the basics.
I agree. I hear AOC pushing this and calling anyone who disagrees essentially too stupid to understand.
I just like to read what other FReepers have to say.