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Quantitative easing and most of the bailouts I can think of are in form of loans, not grants. The 9/11 airline bailout was 1/3 grants and 2/3 of it was in form
by PeterisP 7y ago
Quantitative easing and most of the bailouts I can think of are in form of loans, not grants. The 9/11 airline bailout was 1/3 grants and 2/3 of it was in form of loans. Loans are the default form of bailout pretty much always. They turn into "grants" when the worst-hit businesses can't repay them, but they still allow business to continue and not bankrupt their suppliers and amployees.