Welfare to the corporate to fight the bug
Mar 12, 2020 14:55:30 #
The central bank just released 1.5 trillion in cash to stabilize the markets. To give you an idea of how much that is it amounts to $500 for every man woman and child in the country. How much more and immediate good would it do if they simply sent family’s the money to cover their expenses.
Mar 12, 2020 15:00:58 #
Kevyn wrote:
The central bank just released 1.5 trillion in cash to stabilize the markets. To give you an idea of how much that is it amounts to $500 for every man woman and child in the country. How much more and immediate good would it do if they simply sent family’s the money to cover their expenses.
What's the scoop on the t***sparency of how it is doled out? That's a rhetorical question, there is no t***sparency on the FED.
Mar 12, 2020 17:42:17 #
lpnmajor
Loc: Arkansas
Kevyn wrote:
The central bank just released 1.5 trillion in cash to stabilize the markets. To give you an idea of how much that is it amounts to $500 for every man woman and child in the country. How much more and immediate good would it do if they simply sent family’s the money to cover their expenses.
Every bit of that is borrowed money. Guess who'll end up paying it back? Nope, it won't be the wealthy.
Mar 12, 2020 17:48:53 #
lpnmajor wrote:
Every bit of that is borrowed money. Guess who'll end up paying it back? Nope, it won't be the wealthy.
Mar 12, 2020 21:37:43 #
Kevyn wrote:
The central bank just released 1.5 trillion in cash to stabilize the markets. To give you an idea of how much that is it amounts to $500 for every man woman and child in the country. How much more and immediate good would it do if they simply sent family’s the money to cover their expenses.
You're watching a charade. The debt is already unpayable; a fact I hope everyone considers whether or not they buy what I say next.
Trump plans on bringing down global central banking anyway. The Fed's days of creating wealth from debt are about done. He will use their own weapons against them, creating an illusion of prosperity until after the e******n.
Then we will go to the gold standard or a fractional reserve at the least.
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