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We need to rethink economic stimuli in the face of pandemic. It's almost a different field. Monetary policy? Fiscal policy? Quantitative easing? Negative interest rates? Infrastructure spending? Consumers, businesses, and workers aren't necessarily waiting for lower
prices, lower borrowing costs, a livable-wage job. They are waiting for the pandemic to pass. It's almost more about providing insurance, retroactively, to businesses, workers, families, persons. To identify their opportunity cost throughout the projected duration of the
pandemic, and then to address it. Current global Debt to GDP ratio is at 200%. It will go up significantly if governments responds appropriately. Yet, if they don't, it will go up even higher. I hope those in the U.S. Senate and U.S. House of Representatives are on it,
because after President Trump's speech last night we know who isn't. #mtpol
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