Corona Bailouts: The Greatest MONETARY EXPERIMENT in History? - VisualPolitik EN
The coronavirus crisis is a harsh and unavoidable reality for economies and governments around the world. Measures taken to tackle the health crisis such as quarantine and business closures have not only sunk economic activity, but also tax revenues.
At the same time, governments are implementing all sorts of stimulus plans to try to get through the crisis. Less revenue and much more spending are stimulating the public accounts of many countries, including the United States.
But how do politicians hope to be able to finance the immense public spending plans they are approving to offset the…
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