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What is the fastest Economic Stimulus?

Updated: 10/24/2022
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15y ago

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The fastest way to stimulate the US Economy is to lower interest rates to zero for a given period of time or event. If all mortages and credit card interest rates were lowered to zero for say two years it would give everyone who uses them a significant increase in their income. The banks would not lose since the taxpayer is bailing them out anyway. They do not need to be profitable during this period.

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Q: What is the fastest Economic Stimulus?
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