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The Trump administration and for that matter almost everyone else is characterizing the COVID-19 pandemic as nature’s war on economic prosperity and humanity. The objective of any warring power is victory and in pursuit of victory there is no limit to the resources that are deployed to achieve that objective. To attack the economic aspect of this war, the Treasury and the Federal Reserve are overseeing a level of spending and borrowing not seen since World War II. The outcome is as yet unknown, but it is clear they are taking the country down a