Fed to Inject $1.5 Trillion into the economy. I calculated it into bread.

The least expensive loaf of bread we buy at the store is around $2.50. There are around on average 20 pieces of bread per loaf. The government will inject 1.5 trillion to the economy equal to about six hundred billion loaves of bread. Which is about 1.2e+13 slices of bread

The population of the US: 327.2 million

If the bread is distributed to each person although they aren't, each person theoretically gets: 1,833 free loaves of bread or 36,660 slices of bread.

If each person eats 8 slices per day, it will take each person 12.5547945 years to finish all the free bread.

So the money the Fed injected is enough to feed everyone in the US 8 slices a day for 12 years.

I hope other people can calculate it better.

Submitted March 21, 2020 at 11:37AM by kola401 https://ift.tt/2UqWFMM