3 ms·
> The remaining $2.7 trillion went to businesses. Nope (and the total bill was 2.1 trillion not 3 trillion): https://en.wikipedia.org/wiki/Coronavirus_Aid,_Rel
by mrep 6y ago
> The remaining $2.7 trillion went to businesses.
Nope (and the total bill was 2.1 trillion not 3 trillion): https://en.wikipedia.org/wiki/Coronavirus_Aid,_Relief,_and_Economic_Security_Act https://en.wikipedia.org/wiki/Coronavirus_Aid,_Relief,_and_E...
> The fed has separately printed several trillion dollars lending to businesses, buying corporate bonds, and other actions.
Also not even remotely true, they are predominately buying U.S. Treasury securities and Mortgage-backed securities: https://www.federalreserve.gov/releases/h41/current/h41.htm https://www.federalreserve.gov/releases/h41/current/h41.htm
Got any sources to back up your claims?