12-05-2020, 13:52
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#3242
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Wisdom & truth
Join Date: Jul 2009
Location: RG41
Services: RG41: 1Gig VOLT
Rutland: Gigaclear 400/400
Posts: 12,456
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Re: Coronavirus
Quote:
Originally Posted by jfman
No worries I thought I'd made a glaring error that I'd missed. 
---------- Post added at 13:50 ---------- Previous post was at 13:47 ----------
Money can be found, it always is to bail out big businesses. Money does not grow on trees but it's introduced by central banks. Increasing money supply doesn't make anyone Venezuela nor does it always increase inflation during economic downturns.
As I've said before your household budget based analysis is fundamentally flawed at macroeconomic level. The USA has frequently spent it's way out of recession. That doesn't, and never has, made them socialist by any definition going.
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@jfman
Perhaps you can tip my formula into the spreadsheet and compare it with yours.
__________________
Seph.
My advice is at your risk.
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