Federal government considering massive stimulus package to fight economic impact of virus
Professor of Economics Bart Hobijn compared the everyday movement of money through the economy to blood flow through the body.
Professor of Economics Bart Hobijn compared the everyday movement of money through the economy to blood flow through the body.
In this story published March 19, 2020, on 12 News:
Think of that as the blood flow of income and spending in the economy. That blood flow is coming to a screeching halt. So to keep that blood flow flowing in the economy it makes sense for the government to do a substantial — I would say — blood infusion.
– Professor of Economics Bart Hobijn
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