Jump to content
Sign in to follow this  
Paradigm

Digital Dollar Incoming

Recommended Posts

The payments that would be given to Americans in the stimulus fund could be done so via direct deposit into bank accounts the same way tax refunds are done. It would take much longer to create a digital dollar and millions of digital wallets to put it in. Especially if it’s done so by the federal government. The stimulus plan has been stalled because, despite a bi-partisan agreement being reached over the weekend, the democrat party added a last minute wishlist for things that have nothing to do with stimulating the economy. They want to add tax credits for solar and wind energy, CO2 emission requirements for the airlines and a list of other nonsense completely unrelated to the economic injury that has been caused by COVID-19. They are more interested in laying the foundation of their ridiculous Green Deal rather than helping American families and businesses. This is no surprise to a majority of the country.

Share this post


Link to post
Share on other sites
15 minutes ago, Poker said:

The payments that would be given to Americans in the stimulus fund could be done so via direct deposit into bank accounts the same way tax refunds are done. It would take much longer to create a digital dollar and millions of digital wallets to put it in. Especially if it’s done so by the federal government. The stimulus plan has been stalled because, despite a bi-partisan agreement being reached over the weekend, the democrat party added a last minute wishlist for things that have nothing to do with stimulating the economy. They want to add tax credits for solar and wind energy, CO2 emission requirements for the airlines and a list of other nonsense completely unrelated to the economic injury that has been caused by COVID-19. They are more interested in laying the foundation of their ridiculous Green Deal rather than helping American families and businesses. This is no surprise to a majority of the country.

I agree it might not be directly related. But long term thinking is stupid, right?

Share this post


Link to post
Share on other sites
5 hours ago, Poker said:

The payments that would be given to Americans in the stimulus fund could be done so via direct deposit into bank accounts the same way tax refunds are done. It would take much longer to create a digital dollar and millions of digital wallets to put it in. Especially if it’s done so by the federal government. The stimulus plan has been stalled because, despite a bi-partisan agreement being reached over the weekend, the democrat party added a last minute wishlist for things that have nothing to do with stimulating the economy. They want to add tax credits for solar and wind energy, CO2 emission requirements for the airlines and a list of other nonsense completely unrelated to the economic injury that has been caused by COVID-19. They are more interested in laying the foundation of their ridiculous Green Deal rather than helping American families and businesses. This is no surprise to a majority of the country.

There is something different about getting the money directly to a personal wallet, instantly, instead of having it be deposited into a bank account. The idea is to enable people to spend the money now. Many are wary of bank insolvency too—people are hoarding cash. It's the perfect opportunity. 

Politicians playing games by adding their favorite unrelated pork to the bill shows their lack of understanding of the immediacy for the average person and business affected by this. Unfortunately it's idiocy on parade in DC as usual. 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×
×
  • Create New...