Comments by "L.W. Paradis" (@l.w.paradis2108) on "" video.

@johnnymiller3684 ABSOLUTELY. Ordering a shutdown while failing to make whole all those it harmed is one of the worst things I have seen the government do, and that IS saying a lot. Would you have believed six months ago that this could happen? I don't know anyone who would have.
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@simsimmaa8343 Agree wholeheartedly. :/
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@simsimmaa8343 The low velocity of money -- and the reasons for it explained in this segment -- will prevent inflation. Deflation is still a greater risk, now. But that could shift quickly, and we do not have the expertise to handle it fairly and calmly. Watch the documentary "Inside Job" about the last crisis. The economists were shills. They were paid to push a story, not act as social scientists. Now they are used to being paid for shilling rather than expertise, so guess what they're good at.
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@ZetaMoolah I'd like to see that source, too.
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@BarneyBrimlowe The WPA was a resounding success.
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@byronbranch4645 What makes you think that? The discussion is about deficit spending and the expansion of the money supply.
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@phillipevans9414 That is certainly true -- for now. Deflation is by far the bigger risk. Conditions could change, though. Read up on what happened in the repo market last fall, and how interest rates spiked. We thought that "couldn't happen."
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@edc6644 The point is UBI for all during the emergency, working or not. Either this is epochal or it isn't. I believe it is, and requires an immense response. Had we shut down early and hard, half the people who died might have been saved. Same for this -- people need to build up savings to ensure a ROOF over their heads at least through 2021, no matter what may happen. We can't let forclosures and evictions start in a few months. We have to stay secure, and know the minimum will be there to weather the storm.
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What could go wrong?
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