Sunday, February 27, 2022

Reparations

Apparently the US House of Representatives soon may vote on a "reparations" bill:

https://www.washingtonpost.com/nation/2022/02/25/reparations-bill-congress-support/

Such a thing may or may not make sense to you, but everyone needs to ask where the money will come from. We are already $30 trillion in debt (more like $140+ trillion), and printing even more money at this point seems to me a very bad idea.

For a glimpse into our possible post reparations future, I suggest you read Adam Fergusson's book When Money Dies. It portrays what happened in Europe in the wake of the reparations imposed by the victors following WWI. We're going down a similar path.

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