It may still affect you, through Inflation. They print 700 Billion extra dollars, so the dollar is devalued. Even if you don't get taxed directly, your 200$ lose purchasing power. So you end up with an even lower living standard. And the richer get richer.... Let the economy crash, then buy assets at discount price with your fat 700 billion check.
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It may still affect you, through Inflation.
They print 700 Billion extra dollars, so the dollar is devalued.
Even if you don't get taxed directly, your 200$ lose purchasing power.
So you end up with an even lower living standard.
And the richer get richer.... Let the economy crash, then buy assets at discount price with your fat 700 billion check.