Re:Federal Reserve lent $300B in emergency funds to banks in...
by 8note on Monday March 20, 2023 @03:06AM
(#35228200)
It still has political side benefits, which is likely why economists who prefer it get funding to continue their research etc.
The "getting away with it" is that in some forms, the wealthy can say it's bad that poor people get money because "it makes inflation" but when rich people get money, it's ok, because the resulting cost increases don't show up on the CPI
The "getting away with it" is that in some forms, the wealthy can say it's bad that poor people get money because "it makes inflation" but when rich people get money, it's ok, because the resulting cost increases don't show up on the CPI