I kind of feel like all the stimulus was not necessary.
First of all, handing out money in this case is not stimulus. It's a relief program. And we need relief, don't get me wrong.
But I don't understand why, the government couldn't just decree that rent payments and loan payments are deferred while social distancing is in place. If you are a real owner of real equity, you should be in a position to absorb getting no return on your equity for a little while. But if you have used that equity as collateral on a bunch of loans, maybe not the best decision, but your payments would deferred. I don't understand who loses, or what the complication is of doing it that way...

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