Deficits & “Stimulus” Checks = More Inflation & A Huge Bubble That Will Burst

October 3, 2025

President Trump is considering “stimulus” checks (again). We should all remember the last time that President Trump sent out “stimulus” checks. It was the “CARES Act,” which ignited the massive inflation that we’re still suffering from today. How can a government that has no money, because it racks up record deficits, be in a position to give out “rebates” anyway? Tariffs (that Americans overwhelmingly pay) don’t put the government books into the black. The government is way in the red. Why tax Americans with tariffs to begin with? When a government (via the Fed) prints money for “stimulus,” it’s yet another tax.

 

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The Best of Daniel McAdams

Executive Director of the Ron Paul Institute for Peace and Prosperity and co-Producer/co-Host, Ron Paul Liberty Report. Daniel served as the foreign affairs, civil liberties, and defense/intel policy advisor to U.S. Congressman Ron Paul, MD (R-Texas) from 2001 until Dr. Paul’s retirement at the end of 2012. From 1993-1999 he worked as a journalist based in Budapest, Hungary, and traveled through the former communist bloc as a human rights monitor and election observer.