This is why when governments help the poor they should try to give money as much as possible. Trying to rig markets so the poor are helped is hard. Writing cheques is easyhttps://twitter.com/alma_diamond/status/1249667934449852417 …
Replying to @geekethics
It only helps if the poor have money.... or something they can exchange for money. The important thing is creating enough regulatory friction that the poor can't exchange things for money.
7:50 AM - 13 Apr 2020
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