Re: The brilliant economist AOC
[Re: cmj]
#7371012
10/04/21 11:06 AM
10/04/21 11:06 AM
|
Joined: Dec 2006
Posts: 15,603 MN, Land of 10,000 Lakes
Trapper7
trapper
|
trapper
Joined: Dec 2006
Posts: 15,603
MN, Land of 10,000 Lakes
|
Yeah, joe said it wont cost anything. Not sure why everyone is upset about it if its free? He plans to get it from the big corporations who will pass the increased taxes onto the consumer.
I don't care how nice the hand soap smells, you should never walk out of the restroom sniffing your fingers.
|
|
|
Re: The brilliant economist AOC
[Re: Grandpa Trapper]
#7371053
10/04/21 11:47 AM
10/04/21 11:47 AM
|
Joined: Dec 2010
Posts: 11,136 Armpit, ak
Dirt
trapper
|
trapper
Joined: Dec 2010
Posts: 11,136
Armpit, ak
|
"$2 Trillion Federal Stimulus Package passed on March 27, 2020" "Dec 21, 2020READ: Text of the new $900 billion stimulus bill" Memories are short around here.
"This is where the money is coming from to rescue the US economy
In its frantic scramble to save the American economy, the central bank of the United States seems to have the ultimate superpower.
It works like magic. With a few strokes on a computer, the Federal Reserve can create dollars out of nothing, virtually "printing" money and injecting it into the commercial banking system, much like an electronic deposit. By the end of the year, the Fed is projected to have purchased $3.5 trillion in government securities with these newly created dollars, one of many tools it is using to help prop up the ailing economy during the COVID-19 pandemic, according to Oxford Economics."
Last edited by Dirt; 10/04/21 12:06 PM.
Who is John Galt?
|
|
|
|
|