basically, idea in 1-3 seems to be to having the federal government step in to pay for everything for "the duration of the crisis"
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idea seems to be to freeze existing contracts in time and keep payments flowing to avert a consumer debt crisis kicking off a broader financial crisis
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also for small businesses which seems likely to mostly help restaurants I think
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(I am not a macroeconomist and you should read my analysis in that light)
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This seems likely to prevent a lot of the risks I've been worried about for this economic crisis. So, what are the potential risks it introduces?
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Seems like a major one is inflation (mostly this would be bad for creditors with existing nominally-denominated debts, which . . . probably fine), although this seems a lesser evil than the alternative deflation
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Second one is more serious How long does this support--this enormous Intervention--last? How does it get rolled back? At all, and also in such a way that it doesn't provoke a new crisis? I am extremely uneasy about this component.

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Third is holy shit this is uncharted territory and no one knows what will happen and THAT also makes me nervous
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Anyway stay safe out there.
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Replying to @eigenrobot
Also consider that this would be a strong carrot for indefinite emergency mode Out of emergency, lose your UBI
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Replying to @eigenrobot @liminal_warmth
Ultimately staying in emergency mode is more beneficial for most Americans who do not own their home or a large business, and disadvantageous to people who make money off of people's need for shelter or transportation.
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