What happens next...
- Thread starter KidRockET
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o1d_dude
'I battle gravity'
“All debts are paid.”
Sometimes by the borrower and sometimes by the lender.
Who’s the lender in this case?
Go look in the mirror.
We are the lenders.
$8000 for every one of us.
Sometimes by the borrower and sometimes by the lender.
Who’s the lender in this case?
Go look in the mirror.
We are the lenders.
$8000 for every one of us.
Exactly and Exactly! Just printing money again and again will make the currency worthless. Doing so will not work indefinitely. The cure becomes worse than the disease !!
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And the alternate is to force people to what? Starve? Move?
Sooner Boomer
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FREE SILVER! (historic reference, pre-civil war, not intended to be political.)
KidRockET
Epstein didn't kill himself
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For food, it can go quite a way, presuming people don't waste it on expensive items.
It's meant as a short term aid, not as a permanent solution. Some people are so far underwater, for no reason of their own fault, that anything will help. For those who have enough, perhaps they could use it to help those who don't.
It's meant as a short term aid, not as a permanent solution. Some people are so far underwater, for no reason of their own fault, that anything will help. For those who have enough, perhaps they could use it to help those who don't.
Economies will recover. Dead, not so much.......
o1d_dude
'I battle gravity'
$1200?
I’ll never see that.
The income requirements preclude me from being eligible but I will get the bill for those who will be eligible. It has always been this way.
Remember Milton Friedman’s “All debts are paid” means either the borrower pays back the loan or the lender takes the loss.
In this case I will be one of the many “lenders” taking the loss. The so-called top 1% couldn’t fill a dixie cup with their alleged wealth. The wealth is actually held by the middle class. Politicians talk a good story about taxing the rich but they know the wealthy will either avoid paying their taxes with lawyers or by moving to another country. BTW, didn’t Apple transfer their wealth to Ireland? Why, yes they did.
Econ/Statistics major here. CSUSF, CCSF, UCB 1976.
And I’ll likely wind up paying everyone’s student loans that went to new cars, extended vacations, and designer tattoos.
Bitter? Nope. I served our country and retired after 40 years of state service. I now spend my days playing with rockets, lifting weights in my garage gym, drinking good beers and spirits, and patronizing the local gun club...not all at the same time, tho.
Is this only the first $2 trillion ? I am staggered by this action, but I have to agree with it. The problem is Congress is already crafting the next bill!
Surfduke
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Hello
I'm Surfduke I just joined this group.
Would like to talk off this thread if possible.
Don't know how to message you on the forum. Please instruct me if you can on methods of communication here
Sorry to interrupt
Nytrunner
Pop lugs, not drugs
There are plenty of places to discuss politics, this forum isnt one of them.
Why do you keep starting these threads?
KidRockET
Epstein didn't kill himself
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Unless you (not you @aerostadt) are new to this planet, or are blind to reality...
you understand that government bureaucracies...
are an inefficient and expensive way to provide anything...
This is the watering hole sir...
And this is not a partisan thread...
Why can we not discuss monetary policies here...
Nytrunner
Pop lugs, not drugs
First rule of the forum kid. I can read through your ellipses as you poke your head in to stir the pot.
Financial policy and politics are bedfellows joined at the hip.
Why dont you post about some of your rocket work these days? You did really great work a free spinning canard rocket. Talos or Talon was it?
This thread is an obvious attempt to troll for a political response - LOCKED.
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