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!@#$%! · 12.28.2020, 08:07 PM

Larry Summers was on Bloomberg this morning saying how a $2k stimulus could overheat the economy as it would indiscriminately benefit a lot of people who don't need it. As we are, currently there's a lot of saving because there's nowhere for the employed to spend money, while 17 million people can't pay rent.

Here's a bit more on the subject: https://www.washingtonpost.com/opini...2ba_story.html

12.28.2020, 08:07 PM	#9098
!@#$%! invito al cielo Join Date: Mar 2006 Location: mars attacks Posts: 42,468	Larry Summers was on Bloomberg this morning saying how a $2k stimulus could overheat the economy as it would indiscriminately benefit a lot of people who don't need it. As we are, currently there's a lot of saving because there's nowhere for the employed to spend money, while 17 million people can't pay rent. Here's a bit more on the subject: https://www.washingtonpost.com/opini...2ba_story.html
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