zlacker

[parent] [thread] 2 comments
1. opport+(OP)[view] [source] 2020-03-17 01:13:28
Or face a total financial system meltdown if the fix is poorly implemented.

I think the simplest solution is for the fed/government to simply give everybody cash, since the root of the problem is that a lot of people have temporarily lost their incomes due to their jobs being essentially banned in response to the pandemic (eg a lot of people in retail outside of supermarkets/food). Anything that involves nonpayment is extremely risky

replies(1): >>ksec+If
2. ksec+If[view] [source] 2020-03-17 03:34:56
>>opport+(OP)
That is actually a great argument. Directly injecting liquidity to citizens. At roughly 200M adults in the US, $2000 per adults would be $400B. Except $2000 doesn't really last long.....
replies(1): >>devdas+OT4
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3. devdas+OT4[view] [source] [discussion] 2020-03-18 17:42:21
>>ksec+If
Cut the military budget, you can save a lot of money that way.
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