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The Danger of the Federal Reserve Economic Stimulus and Bailouts
According to the news and the White House, stimulus packages and bailouts are inevitable. They're already talking about it being upwards of $500 billion or $1 trillion dollars which don't account for the money that has been dumped into the stock market the past few weeks to prevent the market from crashing further.
Are bailouts or stimulus packages for businesses and the people the best route to correct or prevent a recession which is now being considered a depression? Who's ultimately footing the bill to pay back these bailouts and stimulus packages that really are a LOAN from the Federal Reserve Bank?
I have an idea that might help. Make sure you watch the whole video to understand.
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