Thursday, March 19, 2020

Trump Wants Direct Payments of $1,000 for Adults, $500 for Kids (Possibly Twice)

Let the money printing presses roll!

Treasury Secretary Steven Mnuchin said this morning on the Fox Business Network during an interview with Maria Bartiromo that President Trump wants to send money to every person in America.

That money would be divided into two large tranches.

“The first one would be $1,000 per person, $500 per child,” Mnuchin said. “So for a family of four, that’s a $3,000 payment.”

“As soon as Congress passes this, we get this out in three weeks. And then, six weeks later, if the president still has a national emergency, we’ll deliver another $3,000,” Mnuchin said.

In addition, Mnuchin said that Trump wants to make available $300 billion to small businesses so that they keep on their payroll employees who aren't working. The loans he said would be forgivable.

Hey, what could go wrong, pump massive amounts of money into the system at the same time keep the production of goods and services shut down.

We are going to have massive price inflation on the other side of this crisis.



  1. Sounds like easy money. Time to stop working.

  2. Take that $3k and put it right into a couple ounces of gold (or silver, which has cratered)

  3. I bought $5K worth of silver today, to add to my already somewhat ample supply, built-up over the years. It's getting hard to find ( is my go-to)...

  4. Whats the catch?? With this snake there is always a catch!! Are they going to take it back directly from your account with interest at some future date?

    In the meantime the engineered collapse moves ahead swimmingly

  5. Well seeing as how they are locking down the country and forcing layoffs and unemployment and forcing people to be unable to provide for themselves.... Idk what you call this?