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Old 12-30-2020, 03:52 PM   #7998
Fozzie_DeBear
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Join Date: Nov 2003
Location: East of the Rockies, West of the Rest
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Quote:
Originally Posted by Cali Panthers Fan View Post
Agreed.

If my wife and I receive a disbursement, I'm going to push for us to donate the entire amount to food banks and any other charitable group that will help the unemployed at the moment.

It's a tough situation, and I don't know that blindly throwing money at the problem is the best answer. Some of that money will go directly to families in need. Some of it will simply be used to pay for credit that has already been spent. Much of it will sit in people's bank accounts without fully circulating in the economy. I'm not sure how to fix that last part.
Maybe in the (distant) future digital currencies could provide a means for governments to issue stimulus funds that have a 'best-before' date. Still would not solve the problem but could help.
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