Working on a big analysis of the economic ramifications of #COVID19
What are the tools in the gov't's toolbox when it comes to address potential financial contagion?
- Loan guarantees
- Public ownership
- Quantitative easing
- Helicopter money aka @andrewyang "freedom dividend"
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Replying to @Molson_Hart @AndrewYang
I don’t know quite how to phrase it but the #1 thing would be to instill confidence through words/narrative. In other words, the opposite of what these executive branch idiots are doing now.
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Replying to @mgirdley @AndrewYang
Whether it's confidence, loans, loan guarantees, public ownership, quantitative easing, or just giving everyone thousands of dollars... none of these will be able to cure the demand shock from prolong covid19 social distancing.
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Replying to @Molson_Hart @AndrewYang
Hot take: I think we’ll all be wearing effective masks in high-risk situations <6 months.
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Replying to @mgirdley @AndrewYang
Well-reasoned, thoughtful take: you're right. I really dig how you changed your mind. I hope I can be so great as to when the facts change.
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Replying to @Molson_Hart @AndrewYang
Have you thought about getting in the mask business? Seems to play to your strengths (d2c, custom products, china manufacturing contacts).
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Replying to @mgirdley @AndrewYang
Yes, but very briefly. I basically ran in the other direction. 1. Doesn't align with my long-term goals and life is too short for anything that doesn't 2. Very risk. Government can come in and ban you. Amazon can too. 3. Requires licensing (maybe) 4. Everyone I know is.
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I spoke with a friend about buying a mask making machine from India and sending it to Big Spring, TX where he has labor but we ran into licensing issues.
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Replying to @Molson_Hart @AndrewYang
It’s interesting to me all the masks are using filtration. My first wonder is why we don’t have say UV light driven active filtration.
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