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Re: Federal Reserve guy is not nuts

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 10 Apr 20 5:09 PM | 19 view(s)
Boardmark this board | The Trust Matrix 		Msg. 35459 of 54959
(This msg. is a reply to 35458 by Gsratio)
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I think the Fed should do what is right for the economy, in disregard of the election. That's what I think they are doing. They are keeping what they can afloat, so that the economy can revive itself later. Hopefully.

You are right that Trump will benefit. Sometimes the right thing coincides with what Trump wants. Sometimes it doesn't.

I agree that Trump is moving the levers he controls to benefit himself regardless of the harm to others. That's why he wants to restart the economy before the pandemic is under control. If he does it, I think he will lose the election. His path is to play the heroic vanquisher of the virus. But he's too dim and lazy to see that he would win the election that way.

As regards my blessing, I get to run my keyboard, and for the little it is worth, he does not have my blessing. But it would be as evil of me to wish destruction on the US for electoral purposes as it is of him to expose people to harm for his own ends.


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The above is a reply to the following message:
Re: Federal Reserve guy is not nuts
By: Gsratio in ALEA
Fri, 10 Apr 20 4:50 PM 		Msg. 35458 of 54959

I don't remember setting a bar of 4000 deaths per day,
i pointed out that TB has an Annual death toll of
over 1.5 million & that Averages out at 4,000 odd
deaths per day...so far C has 98,000 deaths.

At the time,the death count from ground zero was
reported as 3,000 from a population of 1.4 Billion,
so the response was clearly out of whack....

As time has moved on & figures out of Europe & the
US are coming to light,it's now obvious that China
was lying.

As far as the Fed & the last crisis went,they said
that the 4 trillion balance sheet would normalise
& that interest rates would too.....The 4 trillion
has grown to over 6 trillion & rates are at historic
lows......so that's zero from two.

Don't blame Trump for printing Trillions & Trillions
just to get himself elected now,he has your blessing!

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