Fed will inject $1.5 TRILLION into financial markets
- Thread starter Deleted member 18944
- Start date
I don't see that changing the mood on Wallstreet to be honest. Not sure anything can at the moment...
it's the fed, they have huge reserves and can more or less create money at will
Exactly.
It's why that refrain will always be bullshit. The government will throw around obscene amounts of money in service of the richest, and nothing more.
Also, this is a colossal waste of money, as it does nothing to actually help the actual cause of market harm.
"Postponing the election to save money is a matter of national security "
That money could give each person in the us 3 million dollars!
This is a joke referencing the msnbc thing. I am not that dumb.
yeah, but that doesn't help the people they actually care about.
think you're off by 3 zeroes... edit: is this an MSNBC joke? lol nvm
And rural hospitals are closing and losing money at an alarming rate.
But yeah, let's help the rich stay rich.
Fucking idiots. Invest in testing kits and setting up emergency hospitals for fucks sake. Addressing a symptom of the issue, rather than the issue itself (see: root cause), is the dumbest fucking thing you could do!!!! How can these people be so stupid?
A reminder that a recession hurts the poor more than anyone else. Does that make it ok that we can spend money here and not healthcare? No. Does that make the intention bad? No. Does that make this the wrong move? Maybe, depending on efficacy, I can't comment on that.
Mostly because the solution to this problem isn't more liquidity... wtf is pumping 1.5T into going to do to stop the oil price war and the continued effects of COVID-19?
This would be $3750 per person...
A poor person would probably do better with $3750 than whatever this accomplishes.
Forgiving all of that would do a fuck ton more to stimulate the economy than what they are doing now.
Just add it to the debt. It's all just monopoly money anyways.
