it is- well you know if you look at what's happened notust intheu. s. becauseobviously vernments aund the world are ramping up spending to deal with no corona virus in th economic fallout and so forth but here in the u. s. congress has moved four pieces of legislation very quickly and one them was pretty substantialwo point two trlion dollars it was called the chairs act now congress didn't get together lawmakers didn come together and say all right everybody we need to co up with two point two trillion dollars. that didn' ppen all they did was write a bill andhen vote for that piece of legislation and that legislation effectively ordered upwo point two trillion dollarfrom the federal reserve because that's how it works congress has the power to spend ney it does not have votes o the spending and the government's fiscal agent bythe the federal reserve. and the federal reserve makes the payments kills me order for llars on behalf of the u. s. treasu by using the computer keyboard to create digital dolls and credit the appropriate bank accounts so that's
it is- well you know if you look at what's happened notust in the u. s. because obviously vernments aund the world are ramping up spending to deal with no corona virus in th economic fallout and so forth but here in the u. s. congress has moved four pieces of legislation very quickly and one them was pretty substantialwo point two trlion dollars it was called the chairs act now congress didn't get together lawmakers didn come together and say all right everybody we need to co up with two point...