Michael Douglass@thelemmy.club to Ask Lemmy@lemmy.world · 2 days agoWhen I hear of bailout money being used by CEOs to give themselves bonuses, couldn't the government buy the debt and make sure the money is spent the right way?message-squaremessage-square28linkfedilinkarrow-up197arrow-down14file-text
arrow-up193arrow-down1message-squareWhen I hear of bailout money being used by CEOs to give themselves bonuses, couldn't the government buy the debt and make sure the money is spent the right way?Michael Douglass@thelemmy.club to Ask Lemmy@lemmy.world · 2 days agomessage-square28linkfedilinkfile-text
I have absolutely no clue how this stuff works, so forgive me if the question stands on a false premise.
minus-squareKairos@lemmy.todaylinkfedilinkarrow-up1·2 days agoYou can’t just buy debt unless its the debtor side.
You can’t just buy debt unless its the debtor side.