Re:State of Private Markets: Q1 2023
by nawgz on Wednesday May 03, 2023 @11:30PM
(#35810888)
So then, we agree that because PPP loans were a larger amount of money produced in the exact same fashion, it follows that PPP loans should be assigned a larger share of the blame than stimulus cheques to citizens, and accordingly any mentioning of one without the other is a disingenuous attempt at implying governments should not spend money on their citizens livelihood.
Re:State of Private Markets: Q1 2023
by bushbaba on Thursday May 04, 2023 @12:11AM
(#35811092)
The biggest joke is ppp loans had tons of fraud or non necessities. This was tax free gains pushed into housing and assets that the wealthy own. Those wealthy then speculated more leading to a lot of the inflation
Understood.