Skip to content
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(MSN)   Nine $Trillion spent. The markets are looking golden again as the rest of the world gets showered   ( divider line
    More: Followup, Central bank, Monetary policy, Federal Reserve System, central bank, Bank of England support, Inflation, central banking, central banks  
•       •       •

989 clicks; posted to Business » on 28 Sep 2020 at 2:16 PM (4 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook

8 Comments     (+0 »)
View Voting Results: Smartest and Funniest
2020-09-28 10:33:05 AM  
Nobody is buying your debt though.
2020-09-28 2:37:47 PM  
What made the rescue all the more remarkable was this: Before the pandemic struck, a pressing concern at gatherings such as those in Davos, Switzerland, and Jackson Hole, Wyo., was that central banks were in no shape to fight a crisis given that interest rates were already so low. Not everyone was convinced pouring more cheap liquidity into financial markets would work again, given that a decade of easy money hadn't been enough to ward off the threat of secular stagnation.
2020-09-28 3:01:40 PM  
The Fed did it's job, propping up the markets.

The Federal Government did not do it's job, propping up Main Street and individuals.

Hence the split.
2020-09-28 3:04:51 PM  
The US is a wealth cult.
2020-09-28 4:50:54 PM  
Bit of a recovery in the markets today.  But "it's a trap" as Admiral Ackbar would say.

We're still in for much more rough weather.
2020-09-28 5:24:23 PM  
Horrible monetary policy leads to horrible currency issues.

/more at 11
2020-09-28 5:29:30 PM  
Fark user image

media.giphy.comView Full Size
2020-09-28 10:29:25 PM  

Geotpf: The Fed did it's job, propping up the markets.

That's not their job.  Also, it's not what they did.
Displayed 8 of 8 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking

On Twitter

  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.