consumer credit card debt bailout

If you were given $ 100,000.00 per the government?

The government's rescue plan and a total of $ 3,000,000,000,000 – that's enough to give $ 100,000.00 for each person. What would you do with the money? Do not you think that is what the government should have done to ensure that expenditure and repayment of debt or pay largely tax free money? Please do not talk about inflation, this money is ready for distribution to stimulate the economy. It can be given to consumers digitally, as given by the banks – a map of prepaid credit.

Probably I would be there for the market and make long-term investments into action. But before I do, I pay my student debt and credit card. It would be chaos if everyone has received 100,000 just like that. Can you imagine a factory worker receives this amount money? His motivation to drive them out of their work. They can create their own business, but like most people probably blow half their money to go shopping. Bailing out these banks is probably not ideal for most people, but the negative impact of offering far outweighs the benefits.