Re:Facebook says it has removed promotion of anti-quarantine...
by kofejnik on Tuesday April 21, 2020 @05:11AM
(#22933279)
You can't simply "protect the salaries", government isn't some omnipotent god who simply needs to do some hand-waving to fix things. There isn't a fountain of wealth that the government is hiding from us! You can print more money (often bad), or make businesses pay salaries while taking no revenue (also bad)
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Re:Facebook says it has removed promotion of anti-quarantine...
by Angostura on Tuesday April 21, 2020 @05:26AM
(#22933357)
I know that this is a shocking idea, but you can, in extraordinary circumstances, use a variety of government measures, including dipping into reservers to ensure that people don't starve and that businesses aren't forced to lay off people that they will need when businesses restart.
Yes, government isn't some omnipotent god but neither is it some helpless pathetic entity that can't sort things out at a time of extraordinary crisis.
Re:Facebook says it has removed promotion of anti-quarantine...
by MaxBarraclough on Tuesday April 21, 2020 @06:02AM
(#22933510)
> dipping into reservers
My assumption is that governments are taking on some sort of debt here.
Re:Facebook says it has removed promotion of anti-quarantine...
by jacobush on Tuesday April 21, 2020 @08:10AM
(#22934183)
When you control the mint, it's basically the same thing. Doubly so when its the USD and the rest of the world has exactly the same problem you do, so you hardly need to worry about the depreciation vs other currencies.
(Even if you hardly needed to before just by sheer size.)