Posted on 04/28/2020 11:15:48 PM PDT by RandFan
This isn’t about who deserves bail out money. Its about getting X number of dollars issued at zero interest into circulation.
Trump is bankrupting the Federal Reserve. Many of these new dollars are not being collateralized by a US Treasury department debt instrument. They are being backed by a congressional resolution if you will that says the government may at some point in the future repay the loan.
In effect this stimulus is an unsecured loan. Trump has a plan. Trust the plan.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.