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What’s Behind the Fed’s Project to Send Free Money to People Directly

Summary:
A lump-sum payment in digital dollars for all Americans during a recession or to raise inflation as an alternative to QE and negative interest rates, which have failed.

Topics:
Wolf Richter considers the following as important:

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A lump-sum payment in digital dollars for all Americans during a recession or to raise inflation as an alternative to QE and negative interest rates, which have failed. What’s Behind the Fed’s Project to Send Free Money to People Directly
Wolf Richter
Founder, Wolf Street Corp. In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China.

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