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The Federal reserve pumped, I believe, about 1 trillion dollars into the economy in March. That would pay every unemployed worker somewhere around 80k. Yes, th
by macintux 7y ago
The 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 7y 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.