r_shanbhogue Henry_Curr Buy $CLRB btw 🤑🤑🤑
r_shanbhogue Henry_Curr I’ve read Kelton’s book and I’m ready for a different economy.
r_shanbhogue Henry_Curr Tommorow morning we will add adress microbacterial what this game instability mountain view we need Born new gorilla shape way no matter but about cleaning those staying shoes cleaning up my room a little bit more than anything else from us
Claudia_Sahm Monetary policy
krogoff This is true for the whole world. We need to stop throwing money at things and find solutions to get things moving and working safely.
krogoff This is the “big capital” formula that has brought us to the current abhorrent inequalities.
krogoff UBI is what you need. Send the money to the people, not to debt markets, corporations, and the government.
krogoff The 'plan' should be to actually have a strategy to slow the spread of COVID-19. Instead, the US is 'winging it', and failing miserably. There will be no economic recovery if we continue to let COVID-19 spiral out of control.
krogoff Clearly, interest rates are at the end of their string. Another 0.5 point below zero isn’t going to save you. *UBI* is the longer-term plan you need, particularly monetary UBI.
krogoff Negative interest rates isn't a longer-term plan either. It's desperation that screws over average citizens. Corporations can finance their share buybacks thereby driving up their value. People get nothing
r_shanbhogue Henry_Curr You mean like aggregate demand? NOT supply side BS? LOL.
r_shanbhogue Henry_Curr Negative interest rates can't be done for the same reason that negative oil price futures can't exist. It won't work for the math we think in. Change how we think in a Capitalist world and maybe but why? It isn't Capital if it goes negative. It's liability only.