Saturday, March 06, 2021 2:33:39 PM
The purpose of the stimulus is not just the initial target of the stimulus check..
but the "second" target..
when the money is spent it helps the economy..
so even if the person receiving the money doesn't need it to survive..
if the money is then spent on restaurants, fixing up the house, buying goods and services from other local merchants, (investing in stocks:)...
the final destination for that money could potentially help a "business" that might otherwise fail..
and when the small business does better.. "those individuals and families" that own small business.. they are also able to spend money and give a boost to the economy.
That is the theory anyway:).. and money going directly in the hands of individuals (and families) can have a MULTIPLIER effect..
economists on both sides of the aisle (Dems and Rep) tend to agree on this..
where I think the disagreement lies.. is whether or not the Country can take on this kind of debt without consequences. On that side note.. I know where I'll be putting some of my "gains" from WDLF:)..
with the eventual devaluing of the dollar (because of all the money printing).. precious metals and the miners will eventually have their parabolic move.
But not to get ahead of myself:).. A LOT of money will be injected into the economy..
and a lot of folks will decide to put the stimulus into stocks.
I believe WDLF will eventually be one of the beneficiaries of money looking for good places to be:)
AIMHO
Cy
This is my opinion.. please do your own DD.. this is not investment advice.. I simply try to find the best companies to put my
money.. and I post on boards where I either have an interest in the stock or own shares.
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