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by abakker 2277 days ago
competition == unemployment. corporate failure == unemployment. innovation == unemployment.

Maybe all in the short term, but, this stimulus is specifically looking to avoid short-term discontinuities.

That said, I'm a big fan of corporate stress tests and capital buffers as well. I'm not a fan of debt-fueled share buybacks, but, I understand them as a response to a system that allows them.

1 comments

do you really think it's likely that they can avoid short term discontinuities in this context? Maybe we should be looking farther ahead?