Today's press - the means by which delusions are shared and propagated - tells us that the government of this world's richest nation, called the United States of America, is planning a "stimulus package" of something on the order of $1 trillion. What's the package expected to stimulate? The idea is to get more of these pieces of paper into citizens' hands, so that they will be encouraged to act as though they were wealthier. It doesn't seem to bother anyone that the source of the misery of which so many now complain was the fact that, in the past, so many acted so much wealthier than they really were. Nor does it seem to disturb the collective fantasy that this stimulus plan is being created, more or less, by the same class of people who neither saw anything wrong with the last fantasy nor mentioned to anyone that it was going to collapse.
Bill Bonner explains the government's delusion that it is able to fix the economy by creating wealth out of thin air.
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