Second Fed President Calls For More Free Money
Richmond Fed President Thomas Barkin issued a video call today for more free money.
Thomas Barkin joins Minneapolis Fed President Neel Kashkari in the free money call.
Barkin says the Economy Faces 'Sinkhole' Without More Fiscal Support.
This is a second attempt by a Fed president to get Congress to extend $600 weekly unemployment checks.
Yesterday I commented Fed’s Kashkari Urges Congress to Hand Out More Free Money
We Owe Ourselves
We owe the money to ourselves, so let's lock the economy down for six weeks and see what happens.
In other news, I put a signed "I Owe Me" $1,000,000 note in my piggybank today so I have an extra million to spend at 0% interest, the amount of interest I am charging myself.
Six Week Lockdown
Kashkari proposes the path Melbourne Australia has taken.
"Where you slept last night is where you'll need to stay for the next six weeks," said Daniel Andrews, premier of Victoria.
Only one person per household will be allowed to leave their homes once a day -- outside of curfew hours
For details, please see Millions Locked Down Under Draconian Covid Rules in Australia.
The Fed hollers every time Trump or Congress meddles in monetary policy, but the Fed repeatedly meddles in fiscal policy.
And here's a new one: The Fed is willing to interject its beliefs about medical policy as well.
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