Sending out another round of stimulus checks, even if you call it a tariff windfall or something like that, would be incredibly irresponsible and economically ignorant. So... par for the course.
Just as I warned people back before the pandemic stimulus that it would cause inflation and make everything more expensive, I’ve tried to warn people this time.
They still don’t listen. They still don’t care. All they hear is “Free money!”
But TANSTAAFL.
At this point, I say send the money. Send some every month. Every week! Drive right off the cliff.
Sometimes you’ve got to stand aside and let people get what they want. Good and hard. No matter what the consequences. Yes, it will be another blow to the economy. At this point, does it matter?
Just do what you have to do to protect yourself. If you can find a niche to profit from the collapse, go for it.
For me, I think I’m done spending Bitcoin. I’ve done my part in working to make it spendable money. I think I’m going to HODL from now on. I was just about to spend $400 or so before the recent crash. I decided to wait until the price went back up, but I’m not inclined to spend any now. The economy looks too precarious at the moment. Maybe if things improve in a few years, I will reconsider.
And, if the checks do come, don't waste it. Get stuff that's going to help you through what's coming. Preps. Metals. Bitcoin. Guns and ammo. You won't regret it.
It's Blech Friday.
