$1,500,000,000,000 / $50,000 = 30,000,000

$1,500,000,000,000 / $50,000 = 30,000,000

With that 1.5 trillion the US government could have helped 30 million poor families by giving them $50,000 each in accounts to be used to improve their entire families lives. Instead the 1.5 trillion was immediately wasted on the banks and stock market

Imagine the overwhelming response by giving 30 million poor families aid rather than a few banks and corporations all the money

>INB4 Oy Vey!!! The money is for banks and corporations not the poor families goyim!!!

"Fed to Inject $1.5 Trillion in Bid to Prevent ‘Unusual Disruptions’ in Markets"
>wsj.com/articles/fed-to-inject-1-5-trillion-in-bid-to-prevent-unusual-disruptions-in-markets-11584033537

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The US doesn't have 1.5 trillion dollars just laying around. They're just printing money making the value go down

Why do the poor families get the money? What about us struggling lower middle class people???

Gib me dat fo free!- leftypol invalid

>$50,000 each in accounts to be used to improve their entire families live
bullshit, they'd waste it in no time on rims, Air jordans, flatscreen tvs, game systems, crack and menthol cools.

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Socialism is a plague.

give them money and they will ask for more

Doesn't that money have to be paid back?

Stop having kids you can't afford and stop wasting money on StarCucks.

But muh 401k

For the last fucking time user. If everyone has 50k no one does. I cant believe how fucking hard it is for your mouth breathing self to figure this out. You cant give everyone the same amount of money because then it is worth shit. That 50ks value would be lost before the checks were written.

That's out of context and you know it.. I don't like Kikes but do agree you shouldn't have more Children then you can reasonably raise on your own income.

The money wasn't given away to banks.

It was in the form of short term loans. Which means that the government gets it all back, plus interest.

There's nothing to see here, move on.

They didn't give anyone $1.5 trillion.

They opened up the Fed discount window to loan banks $1.5 trillion. Collateralized.

Don't get me wrong, it's hugely inflationary and the Fed shouldn't exist etc. etc. etc. - but they didn't "give" anyone $1.5 trillion in the sense in which OP wants to "give" poor families $50k each.

In any event, when you add up the dollar value of public benefits, and include the value of Medicaid health coverage and Section 8 housing supports, poor families receiving benefits are already getting more than $50k a year once they are in all programs.

>heres some onetime money poor person, sorry you are losing your job and cant work
>heres some money corporations, glad you can keep employing all of these poor people in the long term

shut the fuck up NIGGER LOVER

>That 50ks value would be lost before the checks were written.
Same thing with the $1.5t being wasted on globohomo banks

This. It pisses me off everytime I hear this shit. 401(k)s were initially designed for CEOs making lots of money.It's time we just let the market crash big time. If the corona virus doesn't kill off the boomers, they'll likely off themselves when they realize that their retirement money is either all gone or they need to work for another 10 years.

It's not taxpayer money you fucking dipshit. Your TDS is terminal. An hero now

Tell that to all those poor people

>pump a trillion into economy
>normies liquidate their holdings
>bankers buy a trillion of real assets
>inflation hits
>normies sell their houses to cover their costs
>bankers pay back book cost
>thanks for the loan, goys. Also rent is due on the 1st

No, I don't agree. What you just said is abhorrent.

holy shit 1 other person actually gets it

Meh. It'd only be wasted on nigs and beans anyway.

Yeah. Short term loans. It all evaporates when it gets paid off over the next few months.

what is wrong with blowing it on crack, menthol cools and whatnot?

keep that money cycling through, crack is good for GDP

Why should other people have to pay for your inability to keep your dick or pussy in your pants? Feck off you absolute moran.. If you can't see how you as a parent should be able to handle the expenses of your own children and it isn't the responsibility of others then your even stupider then a retard your straight up beyond saving.

literally what happened after the 2008 crash.

all the poor people who lose jobs and houses will be shit out of luck again, and all the financial institutions will be in perfect position to scoop up a bunch of property and we'll have another "recovery" which is just another upwards redistribution of real assets and property

>think about all the gibs
>muh banks
You're fucking retarded, commies. The point of the stimulus was to help the wider economy, white nigger.

>Which means that the government gets it all back, plus interest.

Haha, no.

dilate

IT'S A FUCKING LOAN you cretins

They will just spend it immediately on designer clothes and cars they can't afford and to finance shitty rap mix tapes that never go anywhere.

Are you fucking retarded?

oh boy its another retarded lefty looking for a handout thread.

isn't that what makes Amerikkka great?

So many white children going hungry tonight :|

AID ONLY GOES TO SPICS AND NIGGERS

IT DOES NOT HELP ANYONE ELSE

IT WORKS LITERALLY JUST LIKE WELFARE

>9001 posts in
>no one mentions the FED is not the "US Government"

The middle half of the country would be furious when they didn't get the money and they don't get the welfare programs because they're not shitty leeches.

They won't pay it back and they will get a bailout

>30 million poor families by giving them $50,000 each in accounts to be used to improve their entire families lives
the $1.5t is in repos you imbecile........ I hope this is bait...... otherwise its about time to educate yourself

Fuck off, you mass-replying turbo-nigger.

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almost, since you guys currently the global reserve currency, the lion share of international trade still has to be conducted in USD. This makes USD like gasoline in the world economic engine, works great, but there isn't any substitutes.

since there is no substitutes to USD for international trade (but BTC coming in hot!) we economists call this good inelastic. So we actually wont see the USD go down. We will just see my hyperinflation events in the struggling places like zimbabwe, argentina, italy, venezuela, etc etc.

This is the petrodollars first borne son

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>give 50.000
>but now it has the buying power of 10.000

As a socialist myself, I can say this is really fucked up. I need a new iphone but mom said I have to wait for Christmas. I'm 34 years old btw.

Thats because anyone who lives here knows that Kangaroo user.

fuck off, you slide thread promoting loser.

get a fucking job.

OUR PRESIDENT/GOVERNMENT DOESN'T CONTROL THE ACTIONS OF THE FEDERAL RESERVE YOU FUCKING TWATS.

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The goal isn't to pay it back, its make sure new loans are created to pay the interest on the old

B/C Americans have been trained to worship the rich and will give them all sorts of money and tax breaks while they starve.

Look at all the shills screaming at the suggestion of the US government aiding poor families. Having the federal reserve dump 1.5 trillion into the banks and corporations is perfectly fine with you shills but even suggesting that 30,000,000+ families receive much needed and long overdue aid is unthinkable

You shills are a disgrace

Retard alert

They're not giving money away. They're taking up Repo debt to keep the economy fluid. If alln the money seizes up, 50k in a bank that isn't open anymore doesn't do you much good, does it you socialist KIKE

fucking fed where's my five grand motherfucker
it's in bernwallestein's portfolio now the pricks
how about your print yourselves indictments of guilt instead of monopoly money

Also, look at all the niggers defending the actions of the federal reserve and attempting to claim the federal reserve is not run by a politically appointment chairman

You shills are a disgrace

>give poor family $50k
>it's spent within the year

>giving 30 million niggers 50k

They would just waste it and it would be bullshit for all the poor people who weren’t poor enough to get the 50k. Why are lefties obsessed with rewarding people for being shit

Lol.... 50k spent on 22 inch rims, yeeze's, and crack.

The bulk of you cunts don't even have enough food for a week and money for a month. 50K would be wasted on people like that.

Learn to money cunts.

Do you know how much it costs to give birth? The government literally fucking sucks the life out of you every step of the way.

Suck a fart out of my ass, you disgusting subhuman,

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Every penny of the money you just give to the poor inevitably ends in the hands of the rich. Do you really want to support the rich?

I would happily sterilize anyone on welfare with a child (an exception with twins) already. Then they can't keep having children and staying on government Aid. Thing is the Government wants them dependent on them so when shit hits the fan their the most effected when the governments checks don't come in. they exchange a chain collar for a Economic one.

THEY

DON'T

GIVE

A

FUCK

ABOUT

YOU

Better that than just giving it to the rich directly.

The federal reserve is not part of the government. And you really expect those greedy kikes to give money to poor people?

meme degree detected.

i want extra pickles on my burger, loser.

>give niggers money

Crack would be sold out, senpai. What would they do next? This would raise crime. Thunk ahead.

Oh well! if you can't afford to have a birth then you can't afford the thousands you need to raise a child! you obviously didn't prepare or work to keep your family close so they could aid you like families do.

Think about all the lives $50,000 per family could improve and change for the better going forward. Instead the money is being dumped into the banks and corporations with the hope to save a few points in the stock market

You do realize the offering was severely undersubscribed don't you? Meaning that the banks got a 1.5 trillion CREDIT LINE, which they drew about 250 billion on.. the full 1.5 trill was NOT printed

You're just butthurt because you never graduated middle school, you sluggish simpleton.

China gamed the markets in China and bought all the stocks to home while Chinese stocks fell during Wuhan staged outbreak.

Imagine giving black single moms $50,000 they would blow it on weave and nails and a new car 100% and their kids would be no better off

That much is crystal clear

yes, you got me. as i said, extra pickles. extra mustard too. gotta pay off that interest on your meme degree loan, ya know.

The best part about economics in a fiat system is asking economists how fiat helps teh average guy on the street and they go off about how fiat creates liquidity which means easy credit to start a business and buy from other businesses thus creating economic activity. The you ask them about offshoring and what that does to small biz and they fucking throw up their hands and say they don't have time to explain it.
System has been bullshit since the seventies when boomers stopped fighting for their rightful share of the pie and just started taking smaller and smaller pieces as-long as they came with cream and sprinkles.

poor people would waste the money on useless shit like flat screen TVs or dumb cars

>if you give a man a fish, he will eat today, but teach a man to fish and he will eat forever.

I know you literal faggots hate biblical quotes so here you go

Not at all, because they can not maintain the artificial level they were temporary elevated and the fall from that level causes buckets of tears.

>hurr durr gibs it to 30,000,000 American families
What about all the other American families you piece of shit? If the economy shits itself because chinks are incompetent pieces of shit that make bioweapons against international law, then a fuck ton more people than 30,000,000 families are going to get fucked.

Let me guess - the 30,000,000 families you'd chooses would be jews, niggers, spics and Muslims, with the last family being your own?

Leftist faggots never think - they just talk... fucking endlessly. STFU faggot, you don't know what you're talking about.

>First off not a shill
>Second just two years ago i was considered Poverty level by American standards
>Didn't take handout and worked ass off didn't spend money on shit i didn't absolutely need.
>Sees everyone whining give me free gibs!

your a disgrace. A absolute disgrace. It's not REAL money they dumped.. it's numbers on a piece of paper like 99% of our economy. You don't need aid until.. you learn how to manage your money in the first place

you don't need a Iphone.. you might need a new phone but you don't NEED a iphone.

The Federal Reserve is not the government. The “ Federal “ was added because people used to object to jewish tricks. It is a centralized banking organization.
Perhaps read something other then tweets and educate yourself.
They created 1.5 trillion in electric currency which really is just a reduction in value of the confidence level of the dollar.
Remember, money isn’t real. There is no item set aside to equate it’s value such as gold.

Implying you can even afford a hamburger, you penniless poorfag. But we got a dumpster in the back you can root through.

The 30 million poorest people are definitely all niggers and beaners though

But yes we’d all be better off if he wrote us all a check for a couple thousand or whatever than by wasting it on these convoluted kike schemes to keep the market bubble from popping since it will happen eventually anyway and will only get worse the longer it takes

How about repealing federal and state income taxes, as well as property taxes? Let the people keep their money. I don’t need this “hey man I’m gonna take your shit but don’t worry I’ll give some of it back later” scheme