Thursday, April 9, 2020

Why have jobs when you can print money?




Guess another $2.3 trillion from the Fed's printing press is all the hedge funders needs, as long as companies can float on for another couple of years. Who cares what happens when these companies have to pay back these without another bailout to follow them around with? Give me MOAR COCAINE!!!

This won't do much for the 16 million that lost their jobs in the last 3 weeks, or the people who will be out of work in the coming months as the lack of business and consumer spending cascades down into other sectors, and bills don't get paid. But why worry about real-world concerns like that?

No, the interests of Wall Street and corporate America are not in tandem with the interests of most of us, or any kind of sustainable, legitimate economy. Never think that they are.

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