"It doesn't surprise me at all. When you see a city like Las Vegas get shut down, I don't know what other options there were than seeing a number like this."
"One-time direct payments to individuals, stronger unemployment insurance, loans and grants to businesses and more health care resources for hospitals, states and municipalities. It includes requirements that insurance providers cover preventive services for Covid-19."Qualified individuals will receive cash payments of $1200. Couples will receive $2400...with an additional $500 for each child."
"Money performs but a momentary function in this double exchange; and when the transaction is finally closed, it will always be found that one kind of commodity has been exchanged for another."
"What makes us rich is an abundance of goods, and what limits that abundance is a scarcity of resources: namely land, labor and capital. Multiplying coin will not whisk these resources into being. We may feel twice as rich for the moment, but clearly all we are doing is diluting the money supply. As the public rushes out to spend its newfound wealth, prices will, very roughly, double – or at least rise until the demand is satisfied, and money no longer bids against itself for the existing goods."
"The code-enforcement police roamed through the garment district like storm-troopers. They could enter a man's factory, send him out, line up his employees, subject them to minute interrogation, take over his books on the instant. Night work was forbidden. Flying squadrons of these private coat-and-suit police went through the district at night, battering down doors with axes looking for men who were committing the crime of sewing a pair of pants at night."