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What was the process in which the U.S. passed legislation to inject capital into the system through the Federal Reserve + Treasury during COVID relief? Why can'
by MuffinFlavored 3y ago
What was the process in which the U.S. passed legislation to inject capital into the system through the Federal Reserve + Treasury during COVID relief? Why can't/won't that happen here?
- UncleOxidant 3y agoThe problem is that "pass legislation" part.
- MuffinFlavored 3y agoWhy were the same legislators willing to print money for COVID relief but not US debt ceiling? Isn't it a basic law of economics that the debt ceiling needs to be readjusted basically annually due to inflation since it's denominated in dollars, which are inflating slowly every month?
- 988747 3y ago[dead]