DUMA GQUBULE: Let there be money — and lo there was 🔒
“In the beginning, man said, let there be money: and there was money,” US researcher Scott Santens wrote in a recent article. Later, in the wake of a pandemic, the US passed three stimulus packages worth $4.8-trillion. Within a year, cash of $1-trillion was sent to 85% of Americans.
“We didn’t pay for any of this. We just did it. None of it was made possible by taxing or borrowing from anyone first, and that’s the big lesson I believe everyone needs to take away from the Covid-19 pandemic. Americans needed money, so it was created out of nothing. The thing is, that’s not new. It’s how money works in any country that issues its own currency,” Santens wrote...
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DUMA GQUBULE: Let there be money — and lo there wasThe question is not whether we can afford to pay for the basic income grant
Read more »
DUMA GQUBULE: Let there be money — and lo there wasThe question is not whether we can afford to pay for the basic income grant
Read more »
Stoan Seate talks about retiring from music to pursue fine art & poetry'The poetry now is the concentration of who I am and my artistic identity.'
Read more »
WATCH: Shauwn Mkhize ’makes it rain’ R200 notes after Royal AM beat Maritzburg UnitedThe unbridled excitement of Royal AM's entourage after the team's last gasp KZN derby victory over Maritzburg United saw them rewarding their players with cash.
Read more »
Were Royal AM players humiliated after MaMkhize's cash rewards?Twitter users were divided over the 'incentive' players received and how it was conducted.
Read more »
WATCH: Royal AM owner splashes the cash on the pitch after win'Some of the players feel like the club is just doing all of this for the buzz on social media,' a source told the Mgosi Squad.
Read more »