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Stimulus checks are not debt - that’s helicopter money. And the “loans” made to businesses do not need to be repaid, or have 0% interest and are automatically f
by seibelj 5y ago
Stimulus checks are not debt - that’s helicopter money. And the “loans” made to businesses do not need to be repaid, or have 0% interest and are automatically forgiven after N years.
- nodesocket 5y agoPPP loans are not 0%, they are insanely low though at 1% interest. Also they are not automatically forgiven, you have to complete paperwork, and even then it’s likely that 100% of the loan won’t be forgiven.