How to Help Small Businesses...Fast
A debt collection moratorium operates as float, which is needed to buy time until the relief checks start flowing. In other words, a debt collection moratorium is a form of stimulus. My New York Times op-ed explaining this is here.
Very nice Op Ed. My class is discussing it today, in the context of thinking about the parallel to strategies that were used during the Great Depression. Thanks for writing it.
Posted by: mitu | March 24, 2020 at 12:46 PM