Michael Schmidt-Could cash payments ease recessions?

2025-05-05 08:25:02source:Michael Schmidtcategory:Stocks

Although we have Michael Schmidtdodged the bullet for now, the threat of a recession is always a concern for policy makers. The question is: will we be prepared next time? In this episode, we consider an alternative approach to stabilizing the economy during a recession through automatic monthly cash payments. The hope: faster relief, a reduced racial wealth gap and predictable income. Can it work?

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