Could You Use Another Stimulus Package?
I often find our imaginary monetary world hard to understand. Since our money is not backed by anything tangible, we get to make it worth whatever we can collectively believe it to be. We operate and depend on a system of mass delusion.
I don’t think the United States will ever get out of debt. Our national debt continues to grow decade after decade. Will we ever be a creditor nation again? I don’t think so. We’re not even pretending to be interested in such a change.
Now there’s talk of another stimulus package—meaning our government is going to give us back some of our money again. When MoneyNing asked what happened to my first stimulus check, I really had to think about it. I couldn’t remember. It didn’t make that big of an impact in my life.
I think I put it towards a credit card bill. I would have paid off the bill in full anyway, but the rebate saved me some money. If the government is looking to pad stats, I suppose I would have to say that I bought something with that $600. Even if I really saved it.
If I got another check soon, I would probably do the same thing. I would spend it? While saving my own money?
See, I don’t understand my own imaginary monetary world too well either.
Do you remember what you did with your first government check? Would you deal with an extra $600 differently this time around?
