The Price of Easy Money
This article is extracted from Handshake Issue #17: Data.
Miracle cure, works in minutes. Guaranteed!” “Eat all you want and still lose weight!” “I shed 43 pounds in two weeks and you can too!” This approach to dieting appeals to everyone, because we all hope for the easy path. We all want the best results for the least effort.
And what requires less effort, some people think, than a PPP deal, where the investor is going to make huge profits? In a simple deal like this, why shouldn’t Government share in the pie? Why shouldn’t Government get shares in the company?