The Federal Reserve and the US government are rerunning the exact same policies they turned to in the wake of the 2008 financial crisis, but on a much grander scale.
We have bigger QE, more money printing, more government spending and bigger deficits. During his podcast, Peter Schiff said it was a mistake then, but they got away with it. They won’t get away with it this time.
A lot of people still believe we will flip a switch, the economy will fire right back up and everything will just snap back to normal. But as states begin opening up their economies, where are the jobs?