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>the government could (if it were so inclined) pay people to stay home indefinitely I'm a bit skeptical, and would be even if instead of "indefinitely" we were
by axguscbklp 6y ago
>the government could (if it were so inclined) pay people to stay home indefinitely
I'm a bit skeptical, and would be even if instead of "indefinitely" we were just talking about a couple of years. I'm not necessarily disagreeing, but I'm curious about how the math would work out, in your opinion.
- macintux 6y agoThe Federal reserve pumped, I believe, about 1 trillion dollars into the economy in March. That would pay every unemployed worker somewhere around 80k. Yes, that’s somewhat apples to oranges due to the way the reserve operates, but the money is available if the will is.
- axguscbklp 6y agoThanks for the explanation. Yes, that makes sense. I originally, for some reason, thought that you were saying that the government could pay the entire country to stay home indefinitely - on re-reading your comment, I see that this is a rather silly misreading on my part of what you actually wrote.