What's this "where money printer" meme about? (lemmy.world)

submitted 1 month ago by [email protected] to c/[email protected]

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If I had a nickel for every one I've seen, I'd have two nickels, which isn't much, but it's strange it happened twice.

And I have no idea what it means.

A couple of examples:

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[-] [email protected] 14 points 1 month ago

The PPP (Paycheck Protection Program) was a huge giveaway that was partly bipartisan. Except Trump wouldn't allow proper oversight, so of course it was abused.

[-] [email protected] 9 points 1 month ago

There’s also the quantitative easing that happened under Trump. Normally I wouldn’t criticize the POTUS for something the fed is in charge of but Donnie cried about the fed potentially raising interest rates his entire term which kept them from doing so. That left the fed with no tools but to spin up the money printing machines when Covid hit.

this post was submitted on 04 Jun 2024

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