Memes

Listen to what Nixon, the guy who launched the war on drugs, said:

[Editors note: the removed word is the n word obviously] You start out in 1954 by saying, “removed, removed, removed.” By 1968 you can’t say “removed”—that hurts you, backfires. So you say stuff like, uh, forced busing, states’ rights, and all that stuff, and you’re getting so abstract. Now, you’re talking about cutting taxes, and all these things you’re talking about are totally economic things and a byproduct of them is, blacks get hurt worse than whites.… “We want to cut this,” is much more abstract than even the busing thing, uh, and a hell of a lot more abstract than “removed, removed.”

You expect me to believe this racist piece of shit wasn't just looking for a way to terrorize and imprison Black people? I'm supposed to believe that it was just a coincidence, or something that emerged later?

I can't buy that. He knew what he was doing.

As to printing money, Zimbabwe had a lot of other problems besides printing too much money. It was a young post-colonial nation that was struggling to break away from dependency on the colonial metropoles, they had massive crop failure, and colonial banks wouldn't lend them money. Their inflation has a lot of causes beyond just too much money printing.

Printing money just increases liquidity and velocity of money, it doesn't actually increase the amount of wealth a society has. Canada wouldn't become richer just because it printed more money, it would just be a redistribution of wealth.

But Canada is not Zimbabwe. It could certainly stand to print a little bit more money for the hospitals, and redistributing wealth to the hospitals would create economic value and actually benefit society. People living longer and healthier lives creates more demand for money, which in turn counters inflation.

Modern Monetary Theory.