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New Study Shows Lockdowns Destroyed the Economy, Not the Virus

The world may be nearing the end of the coronavirus pandemic (at least we can hope), but the post mortems are just beginning. A new paper from the National Bureau of Economic Research found important correlations between sales losses and lockdowns across counties in California. Economists Robert W. Fairlie and Frank M.

Feb 06, 2021 by Fee
World News
75% of the $454 Billion CARES Act Money Never Went to the Fed; It Was Invested by a Mnuchin Slush Fund Called the ESF

The CARES Act was signed into law on March 27. Congress earmarked $454 billion of that stimulus money to be distributed by the Treasury to the Federal Reserve to be used for emergency lending programs to save businesses and jobs during the pandemic and keep credit flowing to the U.S.

Dec 03, 2020 by Wallstreet On Parade
Finance News



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