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Here's an idea... maybe, just maybe the fed shouldn't inject the economy with a bunch of money no one earned???? It's almost like printing money out of thin ai

Here's an idea... maybe, just maybe the fed shouldn't inject the economy with a bunch of money no one earned???? It's almost like printing money out of thin air and sticking it in to people's bank accounts, means everyone suddenly has more money and then businesses raise prices to level everything out. WEIRD. I'm glad we saved all the wfh white collar workers. They totally needed money on top of the money they were making from the job they didn't lose during the pandemic.

rileymat2 4y ago
Even with hindsight , if you assume the massive lock down happens, we have no idea what happens to the economy in the initial months without the stimulus. Politically, people can disagree with the lockdown, or later stimulus checks and later rounds of PPP. But I have trouble critiquing the initial response in quickly getting money into the economy.
- DrThunder 4y ago
  The issue is the lockdowns didn't ever need to continue after the initial 2 week phase. There was no consideration for anything other than we need to obliterate covid by all means necessary. Even when they were presented with data that contradicted the need for lockdowns they decided to double down with more restrictions. The initial 2 week response was understandable, everything after was not.
deleted 4y ago
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