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One of the weirdest and worst asymmetries in policy right now is that banks and big corporations can get fast, basically unlimited help from the Fed, while small biz and individual help is limited and slowed by congressional process and dysfunction.
So on this list of @dylanmatt ideas for how the Fed could do more, I'd really co-sign Congress giving them statutory authority to offer "helicopter money" to individuals when the economy warrants it. No reason only banks should have this fast track.https://www.vox.com/future-perfect/2020/4/17/21220919/fed-federal-reserve-stimulus-main-street-lending-program …
Should we expect anything less?
Are you saying it SHOULD work like this? Or are you advocating for major fed reform? Or what’re you tryna say here...?
are the banks just issuing absolutely no loans unless they are these SBA loans?
What SBS loans? They're out of money.
That it was designed to be weird doesn't reduce the weirdness.
Did you ever make a statement about doing this interview?? https://twitter.com/gaywonk/status/1250887581346258953?s=21 …https://twitter.com/gaywonk/status/1250887581346258953 …
Why would he have to make a statement for doing an interview?
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