Is everyone on Funny Marvel Avenger We Miss You Stanlee 12-11 Signature Shirt this sub forgetting that this is a hedge fund guy who makes a living finding company in distress that he can buy for pennies on the dollar? If the gov lends to the distressed business at no cost then that kills his opportunity to finance these companies for huge equity stakes that he wouldn’t otherwise get. I’m just saying I doubt he’s fighting for the little guy. It’s self-serving. Also, the social capital (no pun intended) that he’s getting doesn’t hurt. This guys pandering bullshit is what this sub was made for. Warren Buffett has been saying that for years also.
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It makes a Funny Marvel Avenger We Miss You Stanlee 12-11 Signature Shirts a lot of sense – let people vote with their wallets which is real capitalism. It’s also the fastest way to induce inflation which is seemingly the Fed’s main goal at this point. The question is if it seems so obvious why isn’t it being done? The Fed will tell you it’s illegal for them to give money directly to people, which is true. And in Powell’s defense, he has been pleading with Congress to pass more stimulus for months. What’s congress’s excuse? Stupidity, complacency, or maliciousness are the only possibilities I see. Never mind that the economic recovery has stalled because of the missing $600 extra UI a week.
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