What things like this will do is sap real growth for a very long
time. Instead of just flushing out the system and have a
good cleansing of the markets, move towards austerity we have moved
to more and more debt that will create anemic growth in the
future.
https://www.bloomberg.com/news /articles/2020-05-04/new-york- fed-says-it-will-begin-buying- etfs-in-early-may
Posted by lewiscook on 4th of May 2020 at 10:31 am
https://www.bloomberg.com/news/articles/2020-05-04/new-york-
fed-says-it-will-begin-buying-
etfs-in-early-may
Eligible ETF's
Posted by steve on 4th of May 2020 at 02:36 pm
https://www.zerohedge.com/s3/files/inline-images/ETFs%20bought%20by%20the%20Fed.jpg?itok=0m26dnHv
This was announced earlier (not today)
Good clarification Steve. but now
Posted by RP on 4th of May 2020 at 02:42 pm
Good clarification Steve. but now the foot is in the door. If and when we get out of this that need to go away. Look at Japan i rest my case.
What things like this will
Posted by ssaffer on 4th of May 2020 at 02:45 pm
What things like this will do is sap real growth for a very long time. Instead of just flushing out the system and have a good cleansing of the markets, move towards austerity we have moved to more and more debt that will create anemic growth in the future.
Yes all the debt will
Posted by steve on 4th of May 2020 at 02:53 pm
Yes all the debt will retard future growth - ala Japan
That's legal. It's no
Posted by ssaffer on 4th of May 2020 at 12:34 pm
That's legal. It's no longer the stock market, it is the government market.