Give everyone a million dollars!

Using the left's logic & financial sense, where deficits don't really matter, & 'wealth' is actually just printed, why not give everyone a million dollars? Ok, let's be reasonable. Let's give every household $1m. That's more like $200T.. definitely not too big of a number for creative progressive accounting.

Suggesting this is not a serious proposal.. it is a ridicule of the lack of understanding of fiat currency, wealth, & coinage. If you suddenly dumped trillions of dollars into the market, the value would drop as well. The currency bubble we are building is about to pop, anyway, & adding more stress to the already shaky house of cards will collapse it. Many governments throughout history have tried this.

Now, we haven't done this 'suddenly', but over time. This has lulled us into a false sense of security, where we THINK we can roll the presses AND keep the value. We can have our cake, & eat it too! This is the dream of the progressives with the economy. Free housing. Free food. Free healthcare. Free money! But even though the world, the banks, & the citizens are trying to operate with this corrupt currency, which is devalued more every day, the inevitable will come. The bubble will pop.

And just like the Wiemar republic, there will be a strong, charismatic leader poised to deliver us, restore order, bring stability, & correct past wrongs. I don't think it will be Obama, since he will have to share much of the blame for the collapse, but it will be someone just as charismatic & calculating.

Want to get an idea how fast things can go down? Here's the value of the Mark, post ww1:

German Marks It Took to Buy 1 Ounce Of Gold:
January,1919………..170
September,1919……. 499
January, 1920……….1,340
September, 1920…….1,201
January, 1921……….1,349
September, 1921…….2,175
January, 1922……….3,976
September, 1922…….30,381
January, 1923……….372,477
September, 1923…….269,439,000
Oct. 2, 1923………….6,631,749,000
Oct. 9, 1923………….24,868,950,000
Oct. 16, 1923…………84,969,072,000
Oct. 23, 1923…………1,160,552,882,000
Oct. 30, 1923…………1,347,070,000,000
Nov. 5, 1923…………..8,700,000,000,000
Nov. 30, 1923…………87,000,000,000,000

You can see some mild inflation at first.. then it slowly built up. by the end, it went from 8T to 80T in about 2 weeks. This is exactly what will happen with the dollar, if we do not stop the madness. You could give everyone a million dollars.. no, make it a billion.. they can buy a pack of gum then go back to work.

Savings would be wiped out. Stocks would become virtually worthless. Social security checks & other entitlements would not support you.

One of THE most important things a govt can & should do, is provide a stable, consistent currency. But governments in decline use inflation to cover their excesses, pie in the sky promises, & deficit spending. But there is no free lunch, & the bill will come due. Like musical chairs, or some massive pyramid scheme, those at the end will be left with nothing.