Re:Federal Reserve pledges asset purchases with no limit to ...
by ianai on Monday March 23, 2020 @12:27PM
(#22665547)
So instead of bailing out the companies, why not focus on ensuring their customers have the money to demand their goods and services through direct stimulus?
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Re:Federal Reserve pledges asset purchases with no limit to ...
by JumpCrisscross on Monday March 23, 2020 @12:35PM
(#22665654)
> why not focus on ensuring their customers have the money to demand their goods and services through direct stimulus?
That's...happening? It's the core of each of the stimulus bills.
The company bailouts are, theoretically, for otherwise-good businesses unusually impacted by the pandemic. Restaurants and airlines, for example. Of course, there is the winner-picking that happens when any government spends money.