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(The Hill)   Fed President: "You've got three years' more free money ahead. After that, well, we'll see"   (thehill.com) divider line
    More: Followup, Monetary policy, Great Depression, Federal Reserve System, Federal Reserve, Bloomberg Television, United States, Central bank, Reserve currency  
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418 clicks; posted to Business » on 21 Sep 2020 at 11:35 AM (4 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



13 Comments     (+0 »)
 
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2020-09-21 11:34:12 AM  
Well yeah.

Dow is down 900 points as of this post, so money printer must go brrrr again.

Can't let those poor investors lose their shirts. They're the backbone of the economy, after all.
 
2020-09-21 11:38:24 AM  

Ishkur: Well yeah.

Dow is down 900 points as of this post, so money printer must go brrrr again.

Can't let those poor investors lose their shirts. They're the backbone of the economy, after all.


Thank you!  I agree!
 
2020-09-21 11:43:23 AM  
Calls are on sale, y'all!
 
2020-09-21 11:46:36 AM  

SirEattonHogg: Ishkur: Well yeah.

Dow is down 900 points as of this post, so money printer must go brrrr again.

Can't let those poor investors lose their shirts. They're the backbone of the economy, after all.

Thank you!  I agree!


McConnell has said no more money until after the election. Now with the SCOTUS opening, definitely not before the election.  If the Trump loses, no money at all.

PPP money turns to grants in 9 days.  Layoffs commence in 10 days.
 
2020-09-21 11:49:53 AM  
This would be the Fed indicating they have no levers left to pull to help the economy.
Typically not a good sign.
 
2020-09-21 11:55:16 AM  
Direct lending to individuals ought to be done at these rates - cut out the banks.
 
2020-09-21 11:58:25 AM  

Markoff_Cheney: This would be the Fed indicating they have no levers left to pull to help the economy.
Typically not a good sign.


Setting up the economy to crash during a Dem administration is GOP 101.
 
2020-09-21 11:58:39 AM  
It's funny because a decade ago, Real Concerned People were concerned about runaway inflation and were putting all their money in gold.
 
2020-09-21 12:12:11 PM  

feanorn: Direct lending to individuals ought to be done at these rates - cut out the banks.


The logistics of that would be impossible.
 
2020-09-21 12:30:06 PM  
We're (Hah!) setting (Hoho!) the (Haaaa!) interest (Har!) rate (Haahaa!) at (HOOHOOHOO!!) 2%.
 
2020-09-21 12:39:21 PM  

Ishkur: Well yeah.

Dow is down 900 points as of this post, so money printer must go brrrr again.

Can't let those poor investors lose their shirts. They're the backbone of the economy, after all.


MAINLINE THAT SUGAR FOR TEH STONKS.

HAIL STONKS!
 
2020-09-21 12:52:36 PM  
3 years? Rates will not rise again. They cant afford that. This is all puff. If rates naturally rise they will step up printing to combat it. 3 years? LOL.
 
2020-09-21 1:40:27 PM  

HempHead: SirEattonHogg: Ishkur: Well yeah.

Dow is down 900 points as of this post, so money printer must go brrrr again.

Can't let those poor investors lose their shirts. They're the backbone of the economy, after all.

Thank you!  I agree!

McConnell has said no more money until after the election. Now with the SCOTUS opening, definitely not before the election.  If the Trump loses, no money at all.

PPP money turns to grants in 9 days.  Layoffs commence in 10 days.


Biden has several options to bypass congress, and thanks to Trump the POTUS has unprecedented powers to do so.  If the Dems take the executive, senate, and keep the house they should add more judges to the SCOTUS.
Powell and the other conservative fed board members need to be fired, as well as all Trump appointees to all federal jobs.  Biden also needs to setup a special task force to investigate DeVos, Kavanaugh, Barr, and many many others.  Another special task force needs to audit federal spending, especially around covid-19 spending and the Great Bigly Wall of Racism.  Heck, Kamala could just spend 4 years jailing all of them, make her VP and AG.
Biden also needs to re-build the State Department and our relationships with our democratic allies in the EU and elsewhere.  We need to make the world unsafe for dictators and fascists.
Vote motherfarkers, local, state, and federal.
 
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