I’m not a TV anchor, and there was no script. One take. It has errors (watch the pop up titles for corrections)- but, this is in support of my post Economic Stimulus the Esrati way
The Fed dropped interest rates 3/4% today. The markets still tanked. The dollar is instantly worth less, and Congress is still talking about borrowing $150 billion to send you a check so you can try to pay your mortgage one month.
My ideas are longer term, put money in the pockets of those who need it most- and wouldn’t devalue the dollar or add to the national debt. The fed has been pushing money into the markets at the top, my way works it in from the bottom. I’m going to try to do more of these- and hopefully, I’ll get better in the delivery.
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