
2020 in Review
The Memo by Howard Marks
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Is the One Point Ninety Dollar Relief Package Too Much?
Experts from both sides of the political isle have questioned whether the one point nine trillion dollar relief package under discussion is too much and or misdirected. In two thousand nine, the gap between actual and estimated potential output was about 80 billion dollars a month. And increasing the two thousand nine stimulus measures provided an inc mental 30 billion to forty billion dollars a month during two thousand nine,. An amount equal to about half the output shortfall.
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