Printing Money and Financing in USA

Let me start with Americans.
They are printing money to support Ukraine War.

Can you believe it?

Yes it is.

FED even though, not acknowledged this fact, it is happening.

It is happening in UK and EU and they are blaming the Russian Bear, while Ruble is appreciating in spite or the War.

But America is printing dollars to pay Ukraine payroll.

Anyway, that is their own doing.

I mean the War in Ukraine.

Let me come back to Ceylon.

It is our own LTTE who printed illegal money in Ceylon with the water mark of the Lion's Tail behind legs.

They actually cashed them to buy arms and then Central Bank Governor duly cashed them under the nose of his boss Senior Premadasa.

For his own private Gam-Udava, I believe he printed money.

LTTE showed the way and he improved it, on the sly.

He died a premature death but I believe Hora printing money printer was taken to home and his son did print some money and donated them to temples.

Temple monks were the "go betweens" him and the bank.

He only printed 100 notes.

I have refused to accept in a private hospital of a bundle of 10,000 of 100 notes.

Then the next government came in and his son started printing 500 notes for his private sports projects.

The moment, I got a note of 500, I used to pass the buck.

All governers of the central bank did not have the gut to refuse the dud notes and printed an equivalent amount of notes when the economy was not as bad today, but it added to the dollar appreciation.

So two sons of presidents did enough damage to the economy and the current PM is doing the same thing.

Why we need a government?

Simply we can let the local mafiosi to run the bank.

Now his boss JRJ is the one who started  printing money first.

He introduced 1000 notes.

His nephew of course printing 5000 notes and very soon we will have a 10,000 note with IMF agreeing.

By the way, prices are up by 300%.

That is how we ruined our economy long before Coronavirus and Ukraine War.

All these happened long before Bond Scams.
That is  besides the point.