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.)
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.