Fed to inject $1.5T to prevent ‘unusual disruptions’ in markets
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Re: Fed to inject $1.5T to prevent ‘unusual disruptions’ in markets
#2If you print $100 in your basement it is counterfeiting, punishable with 25 years in prison.
If you print 1 trillion as a banker it is called" "a bold initiative to calm market tumult".
Re: Fed to inject $1.5T to prevent ‘unusual disruptions’ in markets
#3Where does that money come from?
Re: Fed to inject $1.5T to prevent ‘unusual disruptions’ in markets
#4It'll be very interesting to see how individuals who value "pure" capitalism where market dynamics handle everything reckon with the realities of disaster and epidemic response.
Re: Fed to inject $1.5T to prevent ‘unusual disruptions’ in markets
#5They're just going to cause more panic, honestly.
Re: Fed to inject $1.5T to prevent ‘unusual disruptions’ in markets
#6Where does that money come from?
That money comes from increasing the monetary supply, thereby applying an effective tax upon all holders of the US dollar. Time to hoard real gold, not IOUs you can wipe your ass with.
Re: Fed to inject $1.5T to prevent ‘unusual disruptions’ in markets
#7Where does that money come from?
Your future and your children's future. No kidding!
Re: Fed to inject $1.5T to prevent ‘unusual disruptions’ in markets
#8Can someone tell me, with a straight face, how this won't cause inflation at one of the worst points to have such?
Re: Fed to inject $1.5T to prevent ‘unusual disruptions’ in markets
#9The point here is not where did the money come from, it’s why is it needed? And the answer is because there isn’t enough liquidity to cover the institutional sell off. Which means that they HAD to do this to prevent a run on the bank. That’s more alarming than the virus I think. Hospitals run on money. No money, no doctors.
This article is much less PR: https://www.forexlive.com/centralbank/!/new-york-fed-to-cond...
Re: Fed to inject $1.5T to prevent ‘unusual disruptions’ in markets
#10Not saying that fiat money is necessarily a good idea, and not clamping down on gold standard currency, or anything, but the article doesn't say that the money would be printed. If I'm not mistaken.
If what the mostly conspiratpry documentaries say is true, then the Fed lends "the state" money (at interest) which is then needed to be paid back.
That would mean that the Fed probably has money reserves on its own.