Post #40193 by bighairymike on the US Policy board

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This is speculation at its finest and screams loud and clear that our USD is worth little as we will print to buy speculative assets with it, making it a speculative asset of its own. - weatherman

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However, printing money to give it away for causes that most citizens would not approve of is all goodness, rainbows, and unicorns. Deficit spending of any sort drives inflation and diminishes the value of our currency even if we spend it on good causes.

I am not saying that buying crypto is a good thing in any circumstance. And I am not persuaded that the president is doing so with public money as your mind reading postulates.

I just wish you would be equally upset at wasteful spending of any sort and agree it should be curtailed.

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