Post
Topic
Board Gambling discussion
Re: Las Vegas Casinos are open - end of the Pandemic era.
by
Vishnu.Reang
on 08/07/2020, 11:15:42 UTC
Indeed, in Nevada, everything is much more complicated with this. They get a lot of money and taxes from tourists who come primarily to play in Las Vegas casinos.
However, the economic situation in the United States is quite acceptable. If necessary, they can start the printing press again and print themselves another few trillion dollars.
How long do you think they can print out trillions without worrying about massive inflation, you cannot shut down the entire country and expect everything to be sailing smoothly and if they are not opening up industries and markets it will have a major impact on the economy as you cannot expect the economy to recover without doing any business, gambling industry is huge as many multiple industries are dependent on the gambling industry including tourism alcohol hotel and other trades in the business but it does not mean that we need to get rid of the protocols you need to follow during pandemic.

There are two options. Either they can print trillions worth of banknotes, similar to what Ben Bernanke (Chair of the Federal Reserve) did when Barack Obama was the president. Or simply they can increase the federal debt burden, and get a few trillion from the Chinese and others by selling the treasury bonds. And Trump is currently preferring the second option.