3 ms·
> without proper price controls US government injected about 3 trillion worth of liquidity into the country since the start of the coronavirus, similar to how
by Aperocky 6y ago
> without proper price controls
US government injected about 3 trillion worth of liquidity into the country since the start of the coronavirus, similar to how UBI of $1000/month to every single adult would cost. And did you see any price rise?
- twblalock 6y agoRight now consumer spending is way down because people can't or won't leave the house, and millions of people are unemployed. Injecting 3 trillion into the economy in normal circumstances would of course have a different effect.
- mars4rp 6y agoCorporations already got most of the 3 trillion!