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I agree, this clearly needs a govt bailout. Fed already rains liquidity into the treasuries like a madman, just wait till it buys corporates and God knows what
by H8crilA 7y ago
I agree, this clearly needs a govt bailout. Fed already rains liquidity into the treasuries like a madman, just wait till it buys corporates and God knows what else. Treasury should now simply guarantee salaries. The unconditional helicopter money is a good idea too. This will bridge the discrepancy between financial time (which has not stopped) and economic time (which is stopping, slowly, but has to come to a full stop).
But at any rate, lives > economy. Only one of those is a renewable resource.
- 6nf 7y ago> lives > economy. Only one of those is a renewable resource. Not sure I follow. Are you saying the economy is not a renewable resource? Cause I'm creating a new life as we speak.