[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 15 KB, 525x296, f.jpg [View same] [iqdb] [saucenao] [google]
23086419 No.23086419 [Reply] [Original]

It's obvious that many Americans are hurting and that the stimulus has become a high politicized issue.
The Fed is aware of the economic tragedy that will unfold. If people are hurting and unemployed, they don't spend causing a downward spiral.
The Fed needs to step in and deposit money into every American's bank account or provide every American with a debit card loaded with money to spend on essentials or whatever they deem fit to keep this boat afloat.
If they dont, and politics continue to play games, there won't be an economy left to save.

>> No.23086435

>>23086419
>there won't be an economy left to save.
That's a good thing. When the economy is in shambles whites will finally rise up and exterminate subhumans.

>> No.23086480
File: 23 KB, 598x404, Screenshot_2020-10-07 Voodoo Pork on Twitter.png [View same] [iqdb] [saucenao] [google]
23086480

>>23086419
but that would super communistic socialism and we can't have that!

>> No.23086610

>>23086419
> The Fed needs to step in and deposit money into every American's bank account or provide every American with a debit card loaded with money to spend on essentials or whatever they deem fit to keep this boat afloat.
This isn't the FED's resposibility, they are a lender of last resort. Keyword being lender, as in they expect payment in return. All the banks that received funds were for maintaining liquidity but it was still debt. The folks who are currently unemployed probably couldn't take on more debt than they already have.
The onus has been on Congress for months to provide direct payments. They are the ones holding the economy hostage for political brownie points.

>> No.23086670

>>23086419
This great depression will cause middle class to lose their businesses, homes, cars, etc. They were not necessarily being irresponsible, yet banks gave out bad loans causing the 2008 recession and were bailed out and not a single individual went to jail.
The American system is a stacked deck against the poor and middle class, yet the middle class pays more than their fair share of taxes (percentage wise) as opposed to the wealthy.
If we are to endure this great depression in the name of anti socialism, will we truly be better off with less middle class and less opportunities.

>> No.23086759

>>23086610
Yes this lent money would be repaid in higher taxes in the future. This is always the case, even with the deficits caused by the corporate tax cuts...

>> No.23086791

>>23086435
the only subhumans that whites will exterminate are themselves.

>> No.23086815

>>23086759
> this lent money would be repaid in higher taxes in the future
Exactly, but that's not the FED. Only Congress can set taxes

>> No.23086861

>>23086815
Congress is not doing their job. The car is on fire and no one is at the wheel. He needs to step up or Congress needs to give them more power.

>> No.23087707
File: 54 KB, 577x420, B471542B-CCBE-4F35-99E1-F825F4880F15.png [View same] [iqdb] [saucenao] [google]
23087707

>>23086419