Originally posted by eThneoLgrRnae
They keep doing this shit and it's gonna lead to hyperinflation and the dollar will basically become worthless.
When you have a 30% decline in a an economy this large, you’d need a large stimulus just to plug the hole.
And no one is entirely sure what will happen. Look at Japan, they’re praying for inflation. There’ll be some natural inflation from the increase in consumer good prices (Trade tension forcing supply diversification) but with the HUGE demand for U.S dollars, hyperinflation and the dollar becoming worthless won’t happen.
Originally posted by Rage.Of.Olympus
When you have a 30% decline in a an economy this large, you’d need a large stimulus just to plug the hole.
They could easily resolve this problem and save lives if they ended any and all government interference with all the Americans related to the COVID-19 hysteria. They are not saving lives, we are wasting immense resources and time on things that are anywhere from useless to mortally harmful.
No economic problem if they end all policies, immediately, that are causing economic and medical harm. All of them. Keep protections in place for the elderly.
I thought Mark Cuban presented an interesting solution to really get cash into the economy quickly, it's cost are around 500 billion (yes alot.)
Billionaire Mark Cuban says it’s time for the government to push “trickle-up economics” to save small businesses, because the Paycheck Protection Program isn’t cutting it.“The only thing that will save businesses is consumer demand,” he wrote in a series of tweets Sunday. “No amount of loans to businesses will save them or jobs if their customers aren’t buying.”
To do that, he explained, we have to have a transitional jobs program that trains and hires millions of people for a federal tracking/tracing/testing program, along with support for at-risk populations.
“We need to dent unemployment with stable jobs,” Cuban said.
He added that while that plan is being implemented, an interim spending stimulus program should be put in place in which 128 million households get a $1,000 check every two weeks for the next two months, along with the rule that it must be spent within 10 days.
Originally posted by snowdragon
I thought Mark Cuban presented an interesting solution to really get cash into the economy quickly, it's cost are around 500 billion (yes alot.)
Sounds good. It's UBI. 🙂
And Mark Cuban for President.
Originally posted by dadudemon
They could easily resolve this problem and save lives if they ended any and all government interference with all the Americans related to the COVID-19 hysteria. They are not saving lives, we are wasting immense resources and time on things that are anywhere from useless to mortally harmful.No economic problem if they end all policies, immediately, that are causing economic and medical harm. All of them. Keep protections in place for the elderly.
True
Originally posted by Emmy Evangeline
Mark Cuban can burn in hell. Slap yourself for even saying that.
I don't know much about Mark Cuban other than one or two political positions he took that I agreed with.
And he was on Shark Tank.
And said bad words on a live broadcast, on purpose, and donated money to charity because of it.
What did he do wrong and why is he a hell-burner candidate?
Originally posted by dadudemon
I don't know much about Mark Cuban other than one or two political positions he took that I agreed with.And he was on Shark Tank.
And said bad words on a live broadcast, on purpose, and donated money to charity because of it.
What did he do wrong and why is he a hell-burner candidate?
He talks trash about my favorite city and insults the integrity of The San Antonio Spurs one of my favorite teams