Week of April 20, 2020

A few things of note from around the Internet this week: Unlimited America’s billionaire class has seen their wealth increase by 10% since the beginning of the COVID-19 pandemic. Ben Hunt: Could this possibly be a bad idea ... some form of moral hazard ... for the federal government to insure the rich investors against capital market losses by buying TRILLIONS of dollars in financial assets and providing TRILLIONS of dollars in interest-free loans liquidity facilities? You know, provided that these losses weren't their fault.

Read →