avatar
That Cookie Lady @cookiebkr.bsky.social

Lies. Former Fed Chief Alan Greenspan: “There is nothing to prevent the federal government from creating as much money as it wants and paying it to somebody…” Fed U.S. money issuer, we are money users. Limiting factor is inflation if there is not enough productive capacity in the economy.

aug 6, 2025, 6:11 pm • 0 0

Replies

avatar
That Cookie Lady @cookiebkr.bsky.social

Productive capacity consists of labor, materials, manufacturing capability. Fed can provide Medicare for all but we must make sure we have sufficient medical staff, facilities, products to meet the increased demand or inflation could occur (inflation under Biden = corporate gouging)

image
aug 6, 2025, 6:11 pm • 0 0 • view