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You mean once we do away with physical currency. Id be willing to bet most of our transaction happen electronically already. I only use cash when buying dim sum.
You mean once we do away with physical currency. Id be willing to bet most of our transaction happen electronically already. I only use cash when buying dim sum.
We've figured out we can "print" as much as we want, run up 30+ trillion of it in debt, and nothing bad happens. I imagine some day we'll hit a quadrillion in debt and nobody will care. I guess it really is just funny money.
I'm not inherently against the concept of foreign aid, even when we have some struggling Americans trying to make ends meet. This is a concept I've carried even in my own life, where I've been charitable even when I struggled financially, etc. And, in many ways, Ukraine seems like the poster child for foreign aid; I have a similar view with giving foreign aid to Israel to help it defend itself against radical Islamist Jihadists intent on wiping the Jewish State of the face of the earth.
That said, I don't support providing funds to a state (Ukraine) that meddled in our elections (think 2016 colluding with the Hillary Clinton campaign: https://www.politico.com/story/2017/...ackfire-233446) and one whose involvement could lead to nuclear war via Russia. No, thank you.
We've figured out we can "print" as much as we want, run up 30+ trillion of it in debt, and nothing bad happens. I imagine some day we'll hit a quadrillion in debt and nobody will care. I guess it really is just funny money.
Lota people with the predictable knee-jerk reaction. They were expected to be outraged, so they are.
330 billion in official Russian assets has been frozen. Efforts are still underway to uncover assets of oligarchs, who, if convicted of a crime, would forfeit their assets - real estate, trusts, and so forth. And crimes, it seems, are being uncovered daily.
Total outlay from the US to Ukraine is around 36 billion, so says the article. But the article was written on Apr 28. It's closer to 100 billion now. Oligarchs and Russian government (two different entities) assets in the US total much, much more than that.
The US budget is 6,000 billion.
I think we'll be OK.
We give money away as if we can just print more money out of thin air...
Oh wait...
It's ok, we all pay (some of us suffer) for that printing and give-aways in the form of inflation here at home.
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