How the CARES Act Is Still Kicking the Can

Tags: Booms and Busts, Money and Banks

09/04/2020 Douglas French

Despite double-digit unemployment rates, banks are keeping loan-loss provisions low, no doubt assuming Uncle Sam will keep everyone’s boat afloat. But all good things come to an end.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: “How the CARES Act Is Still Kicking the Can“

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