Letter to the editor: America's dangerous money game
After having read the article “Board games provide low-tech alternative to online obsessions”, which claimed renewed interest in board games during the pandemic, I decided it might be a great day to blow the dust off the family Monopoly game. As my game dealer dealt me out the designated $1,500 to start the game, I couldn’t help but think that gaming money in the near future might eclipse the value of the few supposedly “real” funny money dollars I was carrying in my pocket.
It’s no secret we can print American money faster than the money that’s made to play the game. If this $1.9 trillion stimulus package comes to fruition, we all will suffer long-term consequences.
There are “help wanted” signs everywhere I look. The unemployed need to procure jobs rather than wait for this temporary Band-Aid. Those who don’t need this money had better sock it away, for the inflation and taxation which is sure to follow will demand repayment tenfold.
Our national debt is quickly approaching $30 trillion, which far surpasses the GDP. Washington’s profligacy and lack of a credible commitment to fiscal responsibility also threatens the country’s valuable status as the supplier of the world’s primary reserve currency: the U.S. dollar. This, most importantly, imposes an unfair burden on future generations by imperiling the American dream.
May God in his infinite wisdom help this world filled with greed, slothfulness and self-entitlement.
Jim Fontana Sr.
Unity
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