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By comparison to people dying, it's an inconvenience.
People are being provided for.
We are looking at a 38% increase in the debt in two years depending on the cost of a second wave and government revenues. It could be much more. Scary.
This year's borrowing so far will cost the treasury in the range of $1.8B per year on an ongoing basis. Lets say that quadruples. Oh well.
Depends on interest rates, can you guarantee they will always stay this low?
That's what they'll be for at least 30 years, because that's what the bonds will be locked in at.
Good luck with that. Governments all over the world will be peddling bonds to cover their increased debt. You can't force people to buy them even if you can find enough people with the money.
The debt of most countries is far less valuable than the debt of Canada. We won't have any problem finding buyers.
Everybody see the interview with the mayor of Las Vegas on CNN today? What a frightening, scary, dumb **** she seems to be.
Hold that thought. Trillions in equity have disappeared in the last month, you seem to think there is unlimited money out there looking for a place to go.
There is unlimited money in the short term.
I’m not an economist but it seems to me that pumping lots of new money into an economy without a corresponding increase in goods and services to justify it is a recipe for devaluing your currency.
Most economists seem to agree that atm, inflation is the least of our concerns.
Tell me that again when you are told the new value of your earnings and savings is minus one or two zeros. It has happened in other countries and it can here.