[OutsiderFan]

Yes, if the Fed can buy MBS, junk bonds, unlimited treasury notes to give treasury money for massive industry bailouts, and lend money directly to public companies for 0% interest, states can ABSOLUTELY subsidize restaurant business to feed vulnerable people so they can stay inside. Of course, they are gonna need help from the federal government that can get those unlimited Fed funds to do it.

If you ever wanted to see the Moral Hazard experiment run at scale, we are the Guinea Pigs.

[OutsiderFan]

Yes, if the Fed can buy MBS, junk bonds, unlimited treasury notes to give treasury money for massive industry bailouts, and lend money directly to public companies for 0% interest, states can ABSOLUTELY subsidize restaurant business to feed vulnerable people so they can stay inside. Of course, they are gonna need help from the federal government that can get those unlimited Fed funds to do it.

If you ever wanted to see the Moral Hazard experiment run at scale, we are the Guinea Pigs.