Money is never free, but many people seem to think it is.
And Joe Biden is trying to buy votes by handing out government money like candy.
But in this episode of Making the Argument, Nick Freitas shows how being self-reliant is the better path for Americans.
A huge part of the reason why America is over $30 trillion in debt is because politicians have figured out that their constituents like free money.
During COVID, politicians from both parties, including Trump and Biden, handed out cash like it was nothing, which led to a skyrocketing national debt.
Americans loved getting these checks in their bank accounts. What they didn’t love so much was the massive inflation that happened just a year and a half later.
But the whole reason the inflation happened was because of those checks – and the money that the Federal Reserve had to print to finance it.
If America is going to set forward on a sustainable path, people need to learn to be self-reliant and not depend on the government for free money.
And in this episode of Making the Argument, Nick Freitas shows why being self-reliant is actually better for each of us in the long run.