Mainstream Econ Twitter is having a field day pointing out how silly progressives are to call the Fed’s recent injection of $1.5 trillion a ‘hand-out’ to the financial markets.

‘Lolz,’ they say, ‘It’s a loan, not a hand-out!’

Here’s why they’re wrong & we’re right. 1/20

— Arash Kolahi (@ArashKolahi) March 13, 2020

I’m glad the econners’ (double meaning very much intended) nonsense and bullshittery is getting righteously slapped down.