Republican magatards think this is bad
Republican magatards think this is bad
Inflation is about to pump
King orange ruined the country and economy, so might as well enjoy neetbucks
i'm republican and i'm unironically down for this
Umm it is bad, free money always costs 37.5% more than it produces.
As a permanent thing sure. But since the government is shutting down the people's ability to earn income independently, it would make sense that they pay them for the trouble for a month or 2.
Oh yay I can kick the can down the road for a month before jumping back on the fast track to financial ruin.
government handouts instead of giving people a purpose in the time they need it the most? you unironically are not republican.
Inb4 this never happens
Says who? The jews?
at least gov getting jewed on interest is better than payday loan type shitheads trying to cash in on the majority. most are paying anyway but it's a better deal.
there's no purpose to give anyone when it's the time to stay the fuck away from each other. do we need a twitch jobs program? are you going to grow medical supplies in your back yard? the fuck is the alternative for many people for the next couple months?
You would only need to inject it into the low income homes. Because they are struggling from pay check to pay check the money would be put straight back into the economy.
But I guess economic disaster is what people want, so just give it to the banks to loan out.
so this means a can of soup will soon cost $1k?
Brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr do.....you guy hear that? rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr what the hell is that sound? rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
shit's fucked
shit's fucking just fucked
that's good, white people will use that money wisely while niggers will buy crack rocks
Nice single digit iq op. Banks are going to crash the global economy, crash the finamcial system, initiate a new system and a one world currency. Virus will help reduce population making the transition easier.
i think you forgot that orange man bad
in your retarded mind
no. they tried harder than you'd ever believe to crush the dollar but the past decade food prices didn't move a whole lot down at a basic level. mostly dumbasses getting fucked over on junkfood and convenience food repackaging while basic hamburger/beans/rice/etc did nothing. inflation is in housing and the absurd stock price levels.
what if it lasts for years? are you gonna keep handing out yang money for years? how did handouts help black communities in America? you took hard working slaves and made a lazy niggers and criminals out of them cause they've lost both the purpose and incentive to do anything. that's why communist ideas such as free handouts are not working.
There is nothing being produced in a quarantined country, so injecting fake money that can be printed out of thin air is a good thing in a time of crisis right?
You can even increase taxes on the middle class after the coronavirus ends that way you can keep the plebs down and destroy their standard of living. That way everyone wins, white people pay for everything and brown poor income homes get new things, white peoples living standards get reduced for the next 4 years and the poor economic management can be blamed on a virus. Its win win
>implying the people that should save it or use it to better secure themselves won't just blow it on shit at Walmart
These people already get free fucking money and look what they do with it.
Idk if you can say he ruined it
He didn’t make the virus nor did he spread it
No
It needs to be injected to essentially everyone
The point of it is to cover basics
Now it only will work long term if you start doing more mmt shit but at this point there isn’t much of choice
But this is good—over all
Meh
It will work itself out
Those fucking kikes! I was saving money for land and now it's going to disappear to inflation. Welp guess I better spend it all on post-collapse necessities...
Amerizuela here we come
Paper does not generate value retards. A bank note means nothing if you are just giving it away for free.
Work put into producing resources and services creates value. If you just give money away you are just making everyone poorer in the longrun, because you generate inflation. Like traveling in time to steal money away from yourself.
Seriously, not only will there be less old people using benefits but more job openings and people will still be mostly ok.
Once this passes market will boom.
And now you look like the average salty redditard
>Go back
this is retarded. if you want to prop up the economy stop shutting everything down.
This. We are going to have an economic depression as a result of the lockdowns.depression not recession. Sure the lockdowns will save a few thousand lives, but at a huge cost that frankly isn’t worth it. China is already getting back to normal. They should be utterly fucked if this virus is really such a huge deal.
Just like in 2008?
Inflation hasn't been an issue since the 1980s. Massive inequality means 80+% of the money supply is always held by 7% of the population so the velocity of money, a key factor in inflation, always shits the bed during crises now. When they bailed out Wall St. we had deflation of .4%.
People should take macro 101 instead of reading goldbug blogs. Hyper inflation did infact happen quite a bit with gold backed currency.
exactly. pay me the 1k and we won't 1776 for awhile.
>infectious disease running rampant
>give people purpose
your purpose is to stay indoors and alive until the disease runs its course
Reminder that it's mostly Blue states and cities that are setting fire to their economies to save boom-boom the sniffles.
>That's a nice record unemployment lil' Donnie, a shame if something happened to it and people had to vote Biden in November
>running rampant
Let em burn. Dems can all go starve to death or die of Flu 2.0, and Americans can keep America great in November.
My sister and law and her boyfriend both got laid off yesterday. They work in shitty industries that can’t survive a two day shut down but if this continues it’ll affect more stable industries and we will all be fucked. You’re right though they live in a blue as fuck state and will undoubtedly be screaming Bernie supporters after this.
I’m no commie but I unironically don’t see any other solution. Our (((economy))) depends on consumption, from the very bottom to the very top. People need money to keep consuming, and if there are wide ranging shutdowns then obviously people have no money coming in. What’s the alternative? Let everyone go bankrupt? Come out the other side of the pandemic with 60 million people going into foreclosure all at once and 50% unemployment? It’s much less painful to make the printer go brrrrr and pay people to stay home. Who gives a shit about the deficit anyway? It’s a fucking meme at this point. At least if people in this country still have homes and cars and clothes on their back we can eventually get the economy up and running again.
MONEY PRINTER GO BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
Ur the tard here bud
I won’t hold my breath for that check to show up.
Great. Now everyone can flood the banks the way they are flooding the supermarkets.
I’m white and I’m gonna spend mine on heroin
based and blackpilled
I would buy whey, chicken, and rice, but businesses will be closed
>magatards
Cringe
This is fucking hilarious imagine actually doing this bullshit thank god we haven't bought the hype. Welcome to recession, debt and inflation ameriturds.
I'm sorry user. I used to be in that boat. I hope you can kick it one day but I know it's tough. I did and you can too
>Hyper inflation did infact happen quite a bit with gold backed currency.
Find one instance... I’ll wait.
Economically illiterate public school child spotted.
>Filling a milk bucket with a hole in it
>Let it spill everywhere
>Shrug your shoulders and do it again
>more split milk
>repeat
Fucking stupid. Let the market correct it's self. Same shit happened during the depression, gov tried to prop up a shitty system which only protracted the misery until ww2 happened and the US started to get out of the depression by selling guns to Europe until finally joining the war. Dumb as hell and reckless. Let is all crash, it's be a shitty year but everyone will be better afterwards, limit gov assistance to food.
good, most of the money is held by like 0.01%, devalue their money to shit who cares
because it all worked so well when FDR did it, this will actually make a recession worse.
>heh, yeah, i spend all day on libertarian forums so I fully understand economics and know that any stimulus outside the purest free market is actually the worst thing
>w-wait why are people spending money on things they need. no, you can't do that! You can't buy milk and medicine what about ym GOLD COINS????
damn you're an old boomer.
the new deal worked until rightoids got mad at blacks asking for the whites only gimmiedats in the 60s
How many times is your mind-reading going to be dead wrong before you realize you aren't a mind-reader.
Incidentally, no, its not a bad idea.
It would just be a bad idea to do it permanently.
How are we going to pay for this?
I have an idea! Why don't we give tax breaks to fucking billionaires. That way 300 million americans will just die of starvation
"I'd rather let our entire economic system crash permanently than give a single dollar to help non whites at a time when large numbers of people are out of work and businesses are being ordered to close."
"I'd rather have the billionaire class hide the money in tax exempt shelters out of the country than help non white Americans."
>Let the market correct it's self
If the correction involves impoverishing millions and then having them turn around and eat the rich is that acceptable, or are you going to start crying about the NAP?
Better the banks than the supermarkets.
Plus who the fuck buys anything with cash anymore?
Enjoy your communist government and dead politicians.
Because that's what the New Deal prevented.
Still have to deposit checks if you don't do the online deposit thing. If people panic about this the way they do ass paper, they'll be storming banks and kung fluing each other.
I'm gonna buy cryptos
it's not what you think
Not true.
It should come with weed too.
>it's mostly Blue states and cities
Yep. Texas is a red state, but Houston, Dallas, and Austin have ordered everything to be shut down. San Antonio, as well as the red suburbs of the 3 cities, still are allowing restaurants and bars and such to stay open.