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Author Topic: economic loan new money and covid 19 i want fast  (Read 384 times)
Polo7 (OP)
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September 18, 2020, 02:55:29 PM
 #1

the all the covid 19 all the restrictions will be eased quickly and fast if the goverments people banks and countries will take huge loans!


until the goverment and countries and people not taking loan the restricitons will go even harder !

if there will be not big enough taking loans it means not enought created money there will be second wave and then all economy will be so bad that everybody will take loans what is ready.
the problem is mafia want to give money but no takers ,once the ammount of money is taken the covid will be fogotten until 2030 when 10 years economic circle will be over.


so faster we agree to take new money the faster we can get in to normal life!

i agree we should take money fast as possible i want to live normal life our goverments dont do enought they should all loan a lot money from IMF.

the whole process to turn in to normal is slow couse of lack of taking money from IMF.
if the money taking ammount will be not full filled there will be more restrictions until we take money !!
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September 18, 2020, 03:14:46 PM
 #2

Governments can't just take money loans or print more money, if they do the first they have to get the loan from the IMF and once they have the loan, if they fail to jumpstart their economies they will be unable to repay the debt they took and it will wreck their credit score.

If they opt for the second, their currency will be devalued which will make prices expensive for everybody, and they still won't have more money in the system, because it's worth just as much as the the old amount and valuation of money they had before. It could even be worth less than that.

Plus, there will still be social distancing restrictions, which can't be solved by having more money.

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September 18, 2020, 05:23:31 PM
 #3

The individual loans will be very important at this time:

See banks have a limit , one cannot just take infinite loans from them , there will be a time that they will run out of the loans and therefore there will be restrictions for sure. As far as Fed is concerned , yes they are giving people a really good interest rates but then again people will have to repay , I have heard their rates are going to be closer to 0%.

I believe that government shouldn't stop people from taking loans but they should ensure that they will be paid by giving them jobs.

Governmental loans can prove to be catastrophic.
At the same time when we talk about the government taking loans and such we have to think about the countries which are still unaffected , those countries will emerge as a powerful option for the worst hit nations.

What we are facing right now is Pandemic , there cannot be any rules laid down , plus government needs to be equipped to handle such circumstances for sure.

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September 18, 2020, 06:09:26 PM
 #4

What you are suggesting OP has been the basic response to any crisis during the last 50 years, as soon as there is a crisis governments take loans and print money and try to solve it that way, but they are only kicking the can and trying to avoid the whole thing crashes down when they are the ones in charge, and it seems we are finally getting close to the limits of that practice, most governments around the world are heavily indebted and if anything it is a surprise the economy has not crashed yet.

This seems to give them confidence they can keep the same practices forever but everything has limits and I am sure we will find out those limits during the next decades and if that happens I can assure you the coronavirus crisis we are facing will seem small compared to what is coming.

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bits4books
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September 19, 2020, 01:00:51 PM
 #5

Where does the new money come from? Does the printer do brrr? Well, great, according to this scheme, then maybe there will be just tons of tons of new money, and so what? What is the point of this artificial inflating of the already inflated to the limit of the Fiat bubble? A loan for a loan to pay off another loan to "live normally" is a very strange way out, don't you think?
Polo7 (OP)
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September 19, 2020, 01:38:21 PM
 #6

Where does the new money come from? Does the printer do brrr? Well, great, according to this scheme, then maybe there will be just tons of tons of new money, and so what? What is the point of this artificial inflating of the already inflated to the limit of the Fiat bubble? A loan for a loan to pay off another loan to "live normally" is a very strange way out, don't you think?



your duty is to get your hands on money as much is possible becouse of new money the stock market eequityies and crypto are the most beneficial.


benefit of this as much is possible becouse after 10 years party is over and someone need to clean up the mess Smiley


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September 19, 2020, 04:23:56 PM
 #7

If the government takes a loan, well, it is indeed good for the welfare of its people who are underprivileged and will come out of the normal phase of life, but is there no bad impact on the current economy? I can't stop thinking if this is done making money, not everything, there will be waves that don't apply if you continue to make money without control, the government has the consequences to take this action so I think Covid-19 can still be overcome even by means of long time and the government loan from the IMF will have a bad impact in the future.

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September 19, 2020, 05:27:01 PM
 #8

What makes you think that if people doesn’t take loans there will continue be restrictions? In my country they are already easing the lockdown and lifting ban on airports, to start operating again. Any government that doesn’t lift their restrictions right now is just hurting their economy, because they will be the ones that are losing and their economy will be crippled badly, their own choice.

I don’t know what you mean by a second wave, a second wave of Covid-19 is even more likely without restrictions, and restrictions nothing to do with loans , but with covid, but the government has no choice. And moreover I will advise you to be careful with loans so that you end up taking loans you can’t afford to pay back and regret later. If you think that being in debt is what will help you live a normal life, then that’s your biz.
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September 19, 2020, 05:43:21 PM
 #9

What makes you think that if people doesn’t take loans there will continue be restrictions? In my country they are already easing the lockdown and lifting ban on airports, to start operating again. Any government that doesn’t lift their restrictions right now is just hurting their economy, because they will be the ones that are losing and their economy will be crippled badly, their own choice.

I don’t know what you mean by a second wave, a second wave of Covid-19 is even more likely without restrictions, and restrictions nothing to do with loans , but with covid, but the government has no choice. And moreover I will advise you to be careful with loans so that you end up taking loans you can’t afford to pay back and regret later. If you think that being in debt is what will help you live a normal life, then that’s your biz.


you just dont know i see and nothing else to add you either are economy person or not.
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September 19, 2020, 08:53:00 PM
 #10

your duty is to get your hands on money as much is possible becouse of new money the stock market eequityies and crypto are the most beneficial.


benefit of this as much is possible becouse after 10 years party is over and someone need to clean up the mess Smiley

In my country the phenomenon is different, the government has printed money and provided liquidity assistance to commercial banks, for banks to redistribute it to customers or credit recipients. But it turned out that not many banks took it because the bank currently does not want to spend the money out of the bank, due to high risk factors.

So the government's quantitative easing offer, which was willing to disburse money by banks, was postponed due to bank caution.

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Polo7 (OP)
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September 19, 2020, 08:58:19 PM
 #11

your duty is to get your hands on money as much is possible becouse of new money the stock market eequityies and crypto are the most beneficial.


benefit of this as much is possible becouse after 10 years party is over and someone need to clean up the mess Smiley

In my country the phenomenon is different, the government has printed money and provided liquidity assistance to commercial banks, for banks to redistribute it to customers or credit recipients. But it turned out that not many banks took it because the bank currently does not want to spend the money out of the bank, due to high risk factors.

So the government's quantitative easing offer, which was willing to disburse money by banks, was postponed due to bank caution.



local banks dont make a rules if they dont play along with the rules world elite central bankers will tell them if they dont give moeny what suppousto be given the central bankers can even close their banks.
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September 19, 2020, 09:13:05 PM
 #12

What makes you think that if people doesn’t take loans there will continue be restrictions? In my country they are already easing the lockdown and lifting ban on airports, to start operating again. Any government that doesn’t lift their restrictions right now is just hurting their economy, because they will be the ones that are losing and their economy will be crippled badly, their own choice.

I don’t know what you mean by a second wave, a second wave of Covid-19 is even more likely without restrictions, and restrictions nothing to do with loans , but with covid, but the government has no choice. And moreover I will advise you to be careful with loans so that you end up taking loans you can’t afford to pay back and regret later. If you think that being in debt is what will help you live a normal life, then that’s your biz.

Yes, taking loan is not the only solution to get back to our feet. If you can find even odd jobs, go for it. But don't rely solely in taking loans. Because you need to assess also yourself on how to pay for that loan. Better live for what you can afford today than live with debts all around you.
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September 19, 2020, 09:38:43 PM
 #13

Covid19 won't just be gone even if a government asks for a gazillions of loans for their fight. As long as there's no vaccine, it shall remain regardless how much loan that they take.

The stimulus checks and other support from the government is actually their job to do and response to help their affected citizens due to the lockdowns. Why not go to your local government and suggest what you think?

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September 19, 2020, 11:13:51 PM
 #14

Covid19 won't just be gone even if a government asks for a gazillions of loans for their fight. As long as there's no vaccine, it shall remain regardless how much loan that they take.

The stimulus checks and other support from the government is actually their job to do and response to help their affected citizens due to the lockdowns. Why not go to your local government and suggest what you think?


Its not about what local government want or really need!! 
Its all what the Central authority want and see how things should be Running over the World.


The ones who controls money supply runs a show! 
World is business just and business ultimate purpose is to earn profit to business owners.


Nothing much to add here!
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September 20, 2020, 11:16:22 PM
 #15

Covid19 won't just be gone even if a government asks for a gazillions of loans for their fight. As long as there's no vaccine, it shall remain regardless how much loan that they take.

The stimulus checks and other support from the government is actually their job to do and response to help their affected citizens due to the lockdowns. Why not go to your local government and suggest what you think?


Its not about what local government want or really need!! 
Its all what the Central authority want and see how things should be Running over the World.


The ones who controls money supply runs a show! 
World is business just and business ultimate purpose is to earn profit to business owners.


Nothing much to add here!
Who's the central authority? each country have their different types of governance and mostly, we address the central authority as the government themselves.

Yes, nothing to add anymore. It's just going to be a long argument with exchange of different points of view.

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September 22, 2020, 04:12:01 PM
 #16

Where does the new money come from? Does the printer do brrr? Well, great, according to this scheme, then maybe there will be just tons of tons of new money, and so what? What is the point of this artificial inflating of the already inflated to the limit of the Fiat bubble? A loan for a loan to pay off another loan to "live normally" is a very strange way out, don't you think?



your duty is to get your hands on money as much is possible becouse of new money the stock market eequityies and crypto are the most beneficial.


benefit of this as much is possible becouse after 10 years party is over and someone need to clean up the mess Smiley




The more money - the more inflation so-and-so. What difference does it make to me if a loaf of bread costs $5 for 2K/month income or$ 10 for 4K/month income? There is more money and prices will adjust to this money supply. There is no difference how much money you have if everything around you in % ratio costs the same as before. And it doesn't do any good either.
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September 22, 2020, 04:30:43 PM
 #17

Where does the new money come from? Does the printer do brrr? Well, great, according to this scheme, then maybe there will be just tons of tons of new money, and so what? What is the point of this artificial inflating of the already inflated to the limit of the Fiat bubble? A loan for a loan to pay off another loan to "live normally" is a very strange way out, don't you think?
I already repeatedly have ideas to store all my savings in cryptocurrency, since I cannot be sure of the national currency, especially after the government constantly takes loans and at the same time the IMF approves a new budget with a shortage of about $ 500 million. And you also need to take into account that this problem will be transferred to the budget next year, and neither the IMF nor other countries will give such a loan. The money earned is not enough not only for utilities, but also for groceries, and I'm not talking about clothes.


your duty is to get your hands on money as much is possible becouse of new money the stock market eequityies and crypto are the most beneficial.


benefit of this as much is possible becouse after 10 years party is over and someone need to clean up the mess Smiley




The more money - the more inflation so-and-so. What difference does it make to me if a loaf of bread costs $5 for 2K/month income or$ 10 for 4K/month income? There is more money and prices will adjust to this money supply. There is no difference how much money you have if everything around you in % ratio costs the same as before. And it doesn't do any good either.
I already repeatedly have ideas to store all my savings in cryptocurrency, since I cannot be sure of the national currency, especially after the government constantly takes loans and at the same time the IMF approves a new budget with a shortage of about $ 500 million. And you also need to take into account that this problem will be transferred to the budget next year, and neither the IMF nor other countries will give such a loan. The money earned is not enough not only for utilities, but also for groceries, and I'm not talking about clothes.
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September 22, 2020, 04:49:48 PM
 #18

In my country, the rules for using credit cards are also lightened from payments, fines and interest. This is so that the recession in my country is not too severe.
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September 22, 2020, 05:05:57 PM
 #19

The more money - the more inflation so-and-so. What difference does it make to me if a loaf of bread costs $5 for 2K/month income or$ 10 for 4K/month income? There is more money and prices will adjust to this money supply.
This is why taxes vary depends on the country, because the cost of everything depends on what standards they have on their country. Here in my country, we are paying a low tax, have our goods in low price but the wage is also small, just as proportion as other nations are. Money printing should be align to the reserve, country's worth in all aspect to avoid hyper inflation.

There is no difference how much money you have if everything around you in % ratio costs the same as before. And it doesn't do any good either.
Ever wonder why retired military usually resides in less civilized places? or in third world country? coz there, they are rich.

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September 22, 2020, 08:37:54 PM
 #20

Covid19 won't just be gone even if a government asks for a gazillions of loans for their fight. As long as there's no vaccine, it shall remain regardless how much loan that they take.
^ Definitely right, my question is when we will wait until the vaccine will release?
On these kind of situation, economic loan isn't the best thing to get. If the government hand a loan to their people, there are chances that the national economy will collapse. Why? They had to print more legal tenders/fiat just to release it to the people.  And each print hurts the economy. However, in my country government has always a reserve fund for any dessaster will come, its calamity fund which is always ready at all time.
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