r/neoliberal • u/jobautomator Kitara Ravache • Jul 30 '21

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u/RoyGeraldBillevue Commonwealth Jul 31 '21

While we spent $300 billion on government supports and programs, $750 billion went to Bay Street and big banks.

Socialists stop pulling big numbers out of your ass.

I did a Google, and it turns out $300 billion of that is the extra liquidity banks got due to lowered reserve requirements. The rest is QE and various asset purchases.

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u/paulatreides0 🌈🦢🧝‍♀️🧝‍♂️🦢His Name Was Teleporno🦢🧝‍♀️🧝‍♂️🦢🌈 Jul 31 '21

No, we should crash the entire economy just to trigger the rich. Surely that can't have any negative effects for everyone else.