5 Key Things in the $2 Trillion Coronavirus Stimulus PackageEDITED

[Chainfire]

7. The money sent to individuals

Will not be enough to make up for the massive inflation that is going to happen with a couple of trillion dollars printed out of thin air and distributed widely starts getting spent this Summer. You old folks with a few bucks in the bank for a rainy day are going to see your buying power slashed. Of course, it won't matter if you are pushing up Daises, now will it?

If we can print money like that why not do it every freaking month, from now on. After all, one of the Fed Bank Presidents said they had the ability to print an infinite amount of money. Hell, lets go ahead and print enough to pay the national debt off and just start off fresh, print me an extra hundred grand and I will pay off my mortgage; consider it a trickle up economic theory.....Print a ship load and pay off debts to China while we are on a roll. I am sure the Chinese would be happy for the cash.

Don't get me wrong, I do not begrudge the money going to workers who lost their jobs, and people who need food and lodging help, that is as it should be. But there is going to be a lot of corporate partying on our tab; I see bone us coming. Monies should be loaned to corporations, not given. After all, the definition of entrepreneurs is someone who takes risks for profits. Where is the risk if Uncle is always hanging around with the checkbook when they fuck up? If they work hard and smart they can pay us back.