It might buy a couple of rolls of toilet paper too. When rent is $1500, food costs $450 a month for a family now that staple items in particular are scarce and

It might buy a couple of rolls of toilet paper too. When rent is $1500, food costs $450 a month for a family now that staple items in particular are scarce and more expensive, car payments aren't going away, and rent will become due after the 90 day pause because there will be no forgiveness. I predict bread lines in 6 months and far more massive homelessness without a proper bailout of small businesses and the people, rather than trillions of corporate welfare. Trickledown Reaganomics corporate welfare will never work, only trickle-up works. When people don't have money to meet their non-discretionary needs and unemployment reaches 20-30%, which is worse than the Great Depression, what follows is deflation and depression on an unprecedented macro scale. At the street scale, starvation and homelessness would be the impact; Venezuela, Cuba and the UN would be flying in doctors, refugee camp materials and food to the US. Massive UBI directly to individuals and small businesses enough to meet basic needs is essential, and will be spent into the economy because MPC will be nearly 1.0. Otherwise, the US economy will contract more and for longer than at any point in recorded history.