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Biden Administration is Mocking Ancient Wisdom Thursday, May 13 2021 Are the old principles really obsolete? Should we be printing money while expanding government debt? Is it wise to keep interest rates close to zero and to discourage employment, production and thrift? Human nature stays the same across time and space. That is why there used to be predictable political, economic and social behavior that all countries understood. The supply of money governs inflation. Print it without either greater productivity or more goods and services, and the currency cheapens. Yet America apparently rejects that primordial truism. The United States is more than $28 trillion in debt – about 130 percent of the country s annual gross domestic product. The government will run up a $2.3 trillion budget deficit for 2021 after a record $3.1 trillion deficit the year before.

New yorkUnited statesIsrael generalNorth koreaLos angelesGeorge floydState of affairsபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்இஸ்ரேல் ஜநரல்வடக்கு கொரியாலாஸ் ஏஞ்சல்ஸ்ஜார்ஜ் ஃப்லாய்ட்நிலை ஆஃப் வாழ்க்கைத்தொழில்கள்