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Thread: Cash Handouts

  1. #1

    Default Cash Handouts

    Mar 2020, hong kong $10,000 HKD (~1290 USD) for everyone
    Mar 2020, Canada 82b for all Canadian or 2216 CAD (~1540 USD) per capita.
    Mar 2020 US 1000 USD per capita. (pending)

    Look like printing is the preferred trend worldwide
    Last edited by yellowsnow; 03-19-2020 at 10:13 PM.

  2. #2

    Default

    You should see the real handouts, hundreds of billions to big oil, airlines, hotels, casinos and soon to be banks.
    Buy Low Sell High

    Keeping it simple with the Eagles, Maples and Krugs....

  3. #3

    Default

    Here is a current rundown of this so called trillion dollar bailout, who gets what.
    https://www.politico.com/news/2020/0...bailout-138419

  4. #4

    Default

    Quote Originally Posted by everything1 View Post
    Here is a current rundown of this so called trillion dollar bailout, who gets what.
    https://www.politico.com/news/2020/0...bailout-138419
    the printing and fiat puking will be unprecedented.
    if this doesn't push us into inflation of real asset, I don't know what

  5. #5

    Default The New Money is here: Treasury administered digital public currency

    https://tlaib.house.gov/sites/tlaib....s%20Act%20.pdf

    U.S. Debit Card pre-loaded with $2000 to every person in America.

    recharged with $1,000 monthly

    no additional U.S. debt would be issued

    funded directly from the Treasury

    U.S. Mint to issue two $1 trillion platinum
    coins

    In the long term, the card infrastructure should be converted into a permanent, Treasuryadministered digital public currency wallet system, to serve as a privacy-respecting “eCash”

    This approach would preserve the historical separation between fiscal and monetary policy and avoid financial entanglement between the Treasury and the Federal Reserve which would eventually undermine the independence of the Fed.
    No his mind is not for rent
    To any god or government
    Always hopeful, yet discontent
    He knows changes aren't permanent
    But change is

  6. #6

    Default

    Quote Originally Posted by The Sage View Post
    https://tlaib.house.gov/sites/tlaib....s%20Act%20.pdf

    U.S. Debit Card pre-loaded with $2000 to every person in America.

    recharged with $1,000 monthly

    no additional U.S. debt would be issued

    funded directly from the Treasury

    U.S. Mint to issue two $1 trillion platinum
    coins

    In the long term, the card infrastructure should be converted into a permanent, Treasuryadministered digital public currency wallet system, to serve as a privacy-respecting “eCash”

    This approach would preserve the historical separation between fiscal and monetary policy and avoid financial entanglement between the Treasury and the Federal Reserve which would eventually undermine the independence of the Fed.
    OMG! WTF!

    Is this for real? Why did I not buy platinum. This news should boost platinum come monday, wtf...
    Small business is the incubator of employment. As it declines, so too do opportunities for first jobs, second chances and economic independence.

  7. #7

    Default

    They should just give us all $1,000,000 cash and be done with it. Corona lottery for all.
    Buy Low Sell High

    Keeping it simple with the Eagles, Maples and Krugs....

  8. #8

    Default

    I heard somewhere it will be months before they can get actual checks into consumer hands, government to slow. We might not get cash handouts, not with prooposals like that.

  9. #9

    Default

    Quote Originally Posted by everything1 View Post
    I heard somewhere it will be months before they can get actual checks into consumer hands, government to slow. We might not get cash handouts, not with prooposals like that.
    Maybe. . .

    The Economic Stimulus of 2008 was signed into law on February 13, 2008 ..... The paper checks were sent out starting on March 28.
    No his mind is not for rent
    To any god or government
    Always hopeful, yet discontent
    He knows changes aren't permanent
    But change is

  10. #10
    Join Date
    Jun 2014
    Posts
    3,458

    Default

    Quote Originally Posted by Westerner View Post
    OMG! WTF!

    Is this for real? Why did I not buy platinum. This news should boost platinum come monday, wtf...
    You forgot the /SARC

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