URL details: www.bradford-delong.com/2020/07/the-market-was-made-for-man-not-man-for-the-market-time-to-ramp-up-direct-cash-payments.html
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"The Market Was Made for Man, Not Man for the Market": Time to Ramp Up Direct Cash Payments
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The need for large redirections of financial flows to avoid large increase in poverty during this coronavirus plague is large. The need for substantial top-ups to spending flows in view of the large jump in savings rates triggered by the arrival of coronavirus is large. The U.S. government continues to be able to borrow at unbelievable terms—terms so unbelievable that, when the accounting is done correctly, a larger national debt is not a drag on the funds the government has available for its other missions
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