Word is spreading of a newer, larger federal grant for the coronavirus. This time though, it's looking to be $2,000 a month, and dependents 16 and over are eligible.
A second bill proposes to forgive all rent and mortgage payments for every month until the end of the virus.
Where do you stand on these propositions?
Source article: forbes.com
About time the government bailed out the people instead of some Jew corporation that hired foreigners
2nd option sounds cheaper and more fair to non-welfare queens, but wouldn't help the struggling older people without housing costs, even though they worked hard their whole lives and are also at risk (they also get out and vote more).
so, option 1 sounds better if i had to pick. $2k seems crazy huge tho
Proposal 2 sounds amazing, it could potentially force landlords to sell property.
It was proposed by Ilhan Omar, so that is likely the goal. However, being proposed by her also makes me think it being passed is a long shot.
What do you think college students are going to spend it all on?
bumping for interest. what would the average yank think of this?
money printer go brrr
You do understand this wont pass the house/senate right? Wacky shit like this all the time comes to the floor just to be smashed into the ground.
Based Trump embracing Karl Marx. MAGA!
That money belongs to Israel and not America.
The QE and recession will kill more people, and able bodied people at that, than the virus at this rate.
Did you not read the article both were made up by Democrats.
it will never happen /thread
I like the second one better, and I say this as someone who hasnt worked since early 2019 ( NEET ), so not like the first proposal would be against my interests.
I support both. As long as Trump can maintain the narrative that it's his idea, and that the Dems are obstructing (which they absolutely will), he'll be guaranteed to get the black vote which will make him a shoe-in for the election.
Yep. The same people cursing those that are protesting right now for not just staying home will be having nervous breakdowns this time next year when unemployment is at 15 to 20% and a gallon of milk costs 40 dollars
Trump is:
1) trying to bankrupt the FED
2) Make people realized that the US doesn't owe anyone money, since the FED is a private company, the FED owes everyone money.
Most Jewish lending schemes are hypothecated against land, hence ridiculous housing prices and bubbles. The second proposal would be hated by the Financial Oligarchy.
>Where do you stand on these propositions?
Good idea but every single one of the riders it's gonna pick up are gonna be horrific poz of the nth degree.
$2000 a month would be the only thing that would keep the economy somewhat stable. Right now as it is, that $1200 was just shit compared to the bailouts to the corps and businesses.
What the people havent figured out is that once the economy opens is that those who do go shopping right away will be a far cry from the normal traffic. Then there are those who are so far behind on rent/bills to shop, further cutting down on profits. So you have these companies that got bailed out just enough to pay people and rent during the times they were closed but now cant get any customers. This is when the true layoffs begin, people will default on debt and it will get ugly. Spending habits without the $2000/mo will change right away. If it just goes for 6 or 12 months, people wont change their spending habits and the consumer driven economy might coast through this.
If it does pass Trump is guaranteed the black vote.
I wish it was true, if that was true (the switch to the gold standard rumors) it would / should have happened already. Almost the perfect time to do it.
I mean if now isn't the best time to do it then it will never be a good time to do it, is he trying to be like germany and wait until everything is completely in the shitter, total world economic crash?
You don't need to put the country on a Gold Standard to stick it to the money changers. All Trump would have to do is issue money directly from the Treasury and bypass the FED completely.
In lieu of that, helicoptering money is not even as extreme as some might think. Much will go down to paying debt ( thus destroying the money ) and buying basic things. People don't realize that the money we use is 97% or more created from Banks making loans. They make new money everytime they extend a loan.. only 3% or less is currently cash ( Central Bank notes or Treasury Coins ).
REMINDER: Use your Trumpbux/Unemployment Stimulus to pay off your debt before the hyper inflation hits.
You'll be set in the future if you can save for when everything tanks even further.
THIS!!!!!
this is good policy which means it'll never pass
you fucking moron if you have debt under hyperinflation its more beneficial to hang on to it as long as possible.
the value of your loan decreases with high inflation. dont fucking pay it off first you imbecile
wut? you don't want to payoff debt before hyperinflation. You want to borrow as much money as possible because when inflation outstrips the interest rate, it's free money.
>You'll be set in the future if you can save for when everything tanks even further.
Don't save cash, buy assets, whether it's property, gold (physical or paper) or shares/ETFs.
Printing money results in monies value diminishing, but it isn't uniform across the economy. The QE after the GFC resulted in asset values relative to money increasing far more than the value of goods and services that everyday people use.
That's enough to make me hope it gets shot down. Fuck that jihadi brother fucker
Fuck it let's just give niggers as much money as possible while crashing the economy before we go to war with the CCP what bad could happen?
>tfw you make 3k a month from VA disability, 1400 a week from state unemployment, and got 1200 even though I haven’t paid taxes in ten years
Trump needs to be re-elected. I don't care if he gives everyone $10,000 a month to achieve this.
China created the virus. China owns about $1.1 trillion in U.S. debt.
Trump wins re-election, punishes China by wiping out the debt. We win.
>Hyperinflation
>LITERALLY YOUR MONEY IS WORTH MUCH LESS
No you pay your shit off now because it'll take more money when it's worth less.
This is good and bad. Nothing in life is free. We keep these shutdowns up we're all gonna starve and their gonna make you take a shot to keep trump bucks.
your loan amount doesnt change you fucking retard.
if you owe $10,000 the inflation rate could be 10,000% and the numerical value of money you owe doesnt fucking change
holy fuck americans are so fucking stupid.
>Nothing in life is free
wrong
If you owe 20k you'll still owe 20k even if the inflation makes 20k worth less. Inflation won't make your debt increase.
Yeah but you're also looking at the price of everything else skyrocketing so your purchasing power will go to the shitter.
Just pay shit off, then invest in assets or supplies. Then all you need to do is survive and you'll be in the golden age.
you're fucking stupid. you are incapable of understanding even the most basic principal of money and numbers and contracts.
shut the fuck up.
>0debt master race
>holy fuck americans are so fucking stupid.
replace 'americans' with 'most of the people on this planet' and you're spot on
I know who will get the black vote for the next elections.
That monkey shits on Israel all time though doofus
no. americans are uniquely stupid
This idea is based and genius. After this is done make China forgive ALL of our national debt to them. Simply brilliant that absolutely has to happen or our debt is going to be unsustainable.