In the UK furlough was the reason no one was rioting. Government basically promised everyone up to 80% of their income. Unfortunately none of this was paid for in taxes, the banks just printed a tonne of money so people could sit at home. This money printing will feed through start to destroy the currency through inflation.
In the UK furlough was the reason no one was rioting. Government basically promised everyone up to 80% of their income. Unfortunately none of this was paid for in taxes, the banks just printed a tonne of money so people could sit at home. This money printing will feed through start to destroy the currency through inflation.