The truth behind the American style emergency vs China s money is revealed

Mondo International Updated on 2024-03-07

[gf]1f525[ gf]hot news analysis[gf]1f50d[ gf]

Hey, dear social observers! Hello there, there's a topic recently that has swept the headlines and made people want to stop. Don't worry, I'm going to reveal a seemingly simple, but actually profound topic for you today - how do Americans make money?

GF]1F680[GF] Unveiled: United States"Send money"Scroll.

In 2020, the United States set off a huge economic wave, launching a total of 2The $3 trillion Coronavirus Aid, Relief, and Economic Security Act. The bill is not simple, and provides that people who have lost their jobs during the epidemic can receive an additional $600 per week in unemployment benefits in addition to their original unemployment benefits. Does it feel like the word "unemployed" has a bit of a "shelter" flavor?

GF]1F31F[ GF] Crit: American Communism Under the Pandemic?

Don't worry, it's not a fantasy! Before the pandemic, the median annual household income in the United States was about $80,000. But when unemployment and benefits are combined, some people earn more than they did when they were working. Doesn't it feel a bit like communism? Don't laugh, the way the United States makes money is not simple.

gf]1f914[gf]Question: Why do you have to pay money when the epidemic hits?

Don't guess, the answer was given by the Fed back in 2017. It is said that nearly half of Americans are unable to come up with $400 in an emergency, and sending money directly has become an inevitable choice for "American-style emergency relief". If you don't send money, a frenzy will hit, and the economic crisis is not far away!

gf]1f4e2[gf] Revealed: The Strange Way of Life for Americans.

Want to know why Americans are so generous with their money? Because they live so differently! Americans are generally a peculiar group of people who "spend first, pay later." That's why they like to wait for their wages to be paid, and it's also a key reason why the United States must pay money to avoid triggering an economic crisis.

gf]1f4a1[gf]Think: Is it good to send money?

Of course, this American model looks quite attractive. But three years on, has anyone really changed their lives because of this money? For young people, don't expect money from the state. Because this theory is "new monetarist MMT", it may work in the United States, but when it comes back to our country, the effect is worrying.

gf]1f310[ gf]Global comparison: the big showdown between the United States and Switzerland.

It has to be mentioned that the United States and Switzerland have very different concepts of money. Switzerland's proposal to distribute 2,500 Swiss francs and 625 Swiss francs per month to adult citizens and minors was unanimously rejected. Because most people know that wealth is not created in a vacuum, and it is not possible to solve all problems by giving money.

GF]1F4B0[ GF]Depth: Can Sending Money Solve the Problem of Consumption?

Some people say that giving money can stimulate consumption, but is that really the case? In China, the data shows that there is no shortage of money, and consumption is still growing. The problem lies in expectations and the impact of some high-income groups, leading to cautious consumption. So, is sending money really the best solution?

gf]1f51a[gf]Conclusion: Money is a good thing, but it is not a panacea.

In short, sending money is an operation, but the goal and effect need to be clear and clear. For society, not all problems can be solved with money. The laws of economics, the gap between the rich and the poor, inflation and other issues all need to be carefully considered. Don't be carried away by the temporary trend of money in the United States, our national conditions and living habits are different!

gf]1f914[gf]Question: What do you think about the state sending money? Do you think giving money can stimulate consumption? Let's talk! Financial Exploration, American Money, Consumption Concept.

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