Covid-Capitalism Fails Most Basic Test of National Legitimacy

The central bank didn't print $5 trillion to hand it out. The central bank will be buying assets and making loans. How is that remotely equivalent to handing everyone a check?
What kind of "assets", Asshole?
Toxic private crap that makes parasite speculators rich while socializing their losses?
Useless simplistic shit (like you) would have been more economically efficient as abortion statistics.:aargh:
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QE-4 Cut in Half this Week. Fed’s Helicopter Money for Wall Street & the Wealthy Hits $1.8 Trillion in 4 Weeks

What kind of "assets", Asshole?

Usually bonds, moron.

The assets on the Fed’s balance sheet are mostly composed of Treasury securities, mortgage-backed securities (MBS), repurchase agreements (repos), “foreign central bank liquidity swaps,” and “loans.” We’ll go through them one at a time.

DURR
 

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