$2 Trillion dollars Stimulus
+ $2 Trillion dollars Infrastructure
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No Inflation? Seems like people have a misunderstanding of where inflation comes from...
#OTD in 1933: President Roosevelt signs an executive order forbidding gold hoarding and requiring gold to be turned over to the government. Secretary of the Treasury William H. Woodin issues a press release regarding the order https://t.co/mp5RTRCqsK
Turkish Lira has stabilized around $/TRY 8.10 in the last week and we've kept our fair value unchanged at 7.50. But it's fair to say that market sentiment continues to shift in a negative direction, with many investors expecting more, and potentially significant, devaluation...
"The only way, Koo argues, to replace the lost spending is for the government to borrow and spend. Monetary policy becomes ineffective; expansionary fiscal policy is the only way out"
Japan's central bank kicks off experiments on issuing digital currency https://t.co/QkWBUKGy1U
The Bank of Japan (BOJ) began experiments on Monday to study the feasibility of issuing its own digital currency
@AlexiaSheen@APompliano they let the Dot-Com Bubble (2000) get up to $2.9 Trillion before applying the pin. Let's see how many people have to learn the hard lesson before understanding what exactly is going on this time around...