4 ms·
There's also the $6.6 trillion in pandemic spending which is probably the most egregious form of "misallocation of capital" since the Great Financial Crisis. Th
by oceanplexian 4y ago
There's also the $6.6 trillion in pandemic spending which is probably the most egregious form of "misallocation of capital" since the Great Financial Crisis. The Government gave out massive stimulus to corporations while simultaneously locking down entire sectors of the economy (Remember "essential workers"?) Most of these measures were completely ineffective and most of the money was wasted.