Finally somebody who gets it. We have a ZERO CASH RATE, we're about to stumble into a fucking deflationary trap and people are bitching about the one thing that can help us to avoid it. We're not in fucking Kansas anymore, there is almost NO aggregate demand and NO inflationary velocity when everything is fucking closed. We need to use the government to unfuck the mess that government caused to begin with, not because its fun or palatable but because its necessary. The debt is the least of our problems right now. Of course, if the dems try to pork it up, we can blow it up. Trump is calling the shots here, let's have some faith.
Finally somebody who gets it. We have a ZERO CASH RATE, we're about to stumble into a fucking deflationary trap and people are bitching about the one thing that can help us to avoid it. We're not in fucking Kansas anymore, there is almost NO aggregate demand and NO inflationary velocity when everything is fucking closed. We need to use the government to unfuck the mess that government caused to begin with, not because its fun or palatable but because its necessary. The debt is the least of our problems right now. Of course, if the dems try to pork it up, we can blow it up. Trump is calling the shots here, let's have some faith.
We shouldn't use anything with "new deal". Never works out well.