Replies to Msg. #1123009
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 Msg. #  Subject Posted by    Board    Date   
34883 Re: QE to infinity
   Trump is worried that people will need to stay home longer than his 2...
clo   ALEA   23 Mar 2020
4:57 PM
34882 Re: QE to infinity
   It is a central bank crash. Got silver? Think I’ll go look at...
xcslewis   ALEA   23 Mar 2020
4:53 PM

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Re: QE to infinity

By: Cactus Flower in ALEA
Mon, 23 Mar 20 4:40 PM
Msg. 34880 of 54959
(This msg. is a reply to 34878 by xcslewis)
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Liquidity is grand, but this isn't 2008. This is a disease, not a bank crash. Main Street can't be made to operate through a stimulus, nor should they try: inducing isolated workers to congregate in restaurants, stadia and hairdressers threatens lives. You can only hope to preserve businesses so that they can recover later, and save lives in the meanwhile. There are only similarities here, not carbon copies.

Glad congress is taking its time to get it right. Looking forward to a sensible plan from Pelosi.