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Recorded on June 27, 2020\n\nOn this episode of New Business Paradigms, Academy Chief of Staff, Kristy Jansen, and Academy President, Rinaldo Brutoco discuss how an effective federal government ideally would offer economic support to help states get back on their feet. Rinaldo touches off his discussion of how we might dig ourselves out of this economic collapse by comparing his perspective to one recently expressed by Paul Krugman.\xa0 Rinaldo notes that he agrees with Krugman about the absolute necessity of getting the pandemic under control before we can heal this economy but disagrees with Krugman over direct stimulus to individuals.\xa0 While Krugman argues it\u2019s too expensive to keep funding additional unemployment insurance payments or to do ongoing direct payments to all adults, Rinaldo argues that we can\u2019t afford NOT to keep American households solvent. \xa0More direct payments, a transition to single-payer health insurance, and more investment in regular people are key for minimizing this downturn.\xa0 We reject these approaches at our peril.\n\nIn addition, we address economic indicators, focusing on when gold might reach its true price \u2013 answer some listeners' questions \u2013 and spend a bit of time on Global Signposts. The show concludes with a discussion about the state of the Affordable Care Act and Rinaldo lambasts Governor Newsom for a failed reopening in California.\n\nBe sure to let us know you are listening!\xa0 Email: info@worldbusiness.org!\xa0 Support us at www.worldbusiness.org/donate.\n\n(Credits: Produced and edited by Benjamin Schwartz and Kristy Jansen.\xa0 Theme Music by Alejandro Del Pozo)