Sunday, March 29, 2020

After the Stimulus: Shut Up Bevis

The best case scenario is that Trump is right. Blood testing for COVID will come quickly and show many have immunity and can return to work - ending mass(k) panic and making getting sick an act of patriotism for all workers.

Second best is for Federal Reserve to forgive all asset backed securities on consumer debt and to mark mortgages to market, giving them back to original owners or their heirs or selling them at low interest loans to current renters. Raise income tax rates and offer tax pre-payment bonds and tax free sales to ESOP/COOPs to avoid taxes. No pitchfork solution (Least likely)

The planned scenario, social distancing and stimulus without inflation will work. (Unlikely).

Hyperinflation. The question then is how to  respond?
1. Pay off all debts, especially mortgages
2. Radicalize workers
3. Don't buy Crypto or Metals. They will be worthless when money is, will fail or be seized by government.
4. Don't hoard. Hoarders will be arrested if lucky, killed at worst.
5. Buy seeds and buy or make indoor growing equipment for food and herb to use and give away to make friends
6. If rich, sell pitchforks and buy running shoes. You will need the latter to outrun the former.
7. If rich, buy supplies to give away and make friends. If you do so the masses will let you keep sucking air.
8. For all, practice love. Accept love. Start by not hoarding toilet paper. Purchases will likely be limited, but don't go store hopping as a means of hoarding because many of us can't. My stash will run out by Saturday. So will yours.
9. Don't vote for Trump or Pence (even if COVID goes away magically). No-brainer.

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