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NYC Advisor Seeks to End All Homeownership
@reasonmagazine On his first day in office, Mamdani appointed Cea Weaver, a tenant activist and one of his campaign advisers, to lead the city's Office to Protect Tenants. Reason spoke with Weaver in 2021 for our story on the victims of the eviction moratorium. She told us about her vision of "a world in which the housing is owned by a collective" and said "the federal government prints money" so they "can provide money for this." #NewYork #NYC #housing #socialism #home ? original sound - Reason Magazine
According to Weaver, the US can simply continually print money to support government spending.
The claim that a government can simply print money to support endless spending is one of the most dangerous myths ever sold to the public. When politicians have exhausted every honest means of funding government, they are left with nothing but deception. This line of thinking is precisely why the government shut down at the end of 2025. Politicians believe they can increase spending indefinitely with no regard for the ticking time bomb that is government debt.