Day 1,714: plank, largesse, stimmy

A key plank was generous pandemic stimulus, which at 26% of gdp was more than double the rich-world average. This largesse fuelled inflation but also ensured fast growth: consumers have yet to spend all the cash they received in “stimmy” cheques.

America’s extraordinary economy keeps defying the pessimists

Artwork of the day 
Planks
Kate Carr
Date: 2009
Style: Neo-Minimalism
Genre: sculpture

Word of the day 
plank: an important principle on which the activitiesof a political or other group are based:
largesse: willingness to give money, or money given to poor people by rich people:
stimmy: slang term that has taken hold to refer to the economic stimulus payments made to Americans by the U.S. government as part of a planned coronavirus relief package.

Quote of the day
“… Who cares about the crowded, broad road? I’ll walk the single-plank bridge into the night…”

― 墨香铜臭, 魔道祖师 [Mó Dào Zǔ Shī]