Stop the $6T Coronavirus Corporate Coup

Re:Stop the $6T Coronavirus Corporate Coup by oneru on Wednesday March 25, 2020 @11:15AM (#22685331)

Written by someone who doesn't understand how the Federal Reserve works.

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Re:Stop the $6T Coronavirus Corporate Coup by irln on Wednesday March 25, 2020 @12:15PM (#22685984)

Not challenging your assertion, however, what doesn't he understand about how the Federal Reserve works?

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Re:Stop the $6T Coronavirus Corporate Coup by jnwatson on Wednesday March 25, 2020 @12:16PM (#22685996)

I don't follow. Unless you're firmly on the MMR bandwagon (which is still a small minority position among economists), printing money and giving it to corporations is ultimately allocation of capital that doesn't go to other productive uses.

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Re:Stop the $6T Coronavirus Corporate Coup by polotics on Wednesday March 25, 2020 @05:15PM (#22688592)

MMR? Do you mean Modern Monetary Theory aka. MMT?

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Re:Stop the $6T Coronavirus Corporate Coup by me_me_me on Wednesday March 25, 2020 @12:21PM (#22686042)

And devaluing purchase power of current money.

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