When you force virtually all productivity to stop and you slam a bunch of money into the system, the outcome is going to be that the limited resources that are limited by reality will go up in price. The producers of those limited resources will make more money. That's the consequence of the policy. Normally more production would come online as prices rise, but with productivity being universally shut down by government fiat the money had no choice but to raise prices for whatever was left to buy.
If the producers don't raise prices, then there will be shortages, and scalpers will buy the limited supply and resell at the actual market price. We saw this in the past few years with graphics cards and automobiles (and even with hand sanitizer and toilet paper at one point). Instead of the money going to people who actually produce the thing, it goes to parasites.
In reality, every political party around the world marched us into this situation.
That's not a Democrat or Republican position; Everyone did it, and not just in the US. Conservative parties did it. Liberal parties did it. Mainstream parties did it. A lot of fringe parties did it. New candidates were elected to do things differently, and they did the exact same thing.
The consequences were predictable and predicted.
If the producers don't raise prices, then there will be shortages, and scalpers will buy the limited supply and resell at the actual market price. We saw this in the past few years with graphics cards and automobiles (and even with hand sanitizer and toilet paper at one point). Instead of the money going to people who actually produce the thing, it goes to parasites.
In reality, every political party around the world marched us into this situation.
That's not a Democrat or Republican position; Everyone did it, and not just in the US. Conservative parties did it. Liberal parties did it. Mainstream parties did it. A lot of fringe parties did it. New candidates were elected to do things differently, and they did the exact same thing.
The consequences were predictable and predicted.
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