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No.
Posted on: March 12, 2020 at 17:48:53 CT
tiger4real MU
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I understand the logic, but the Fed did not create the coronavirus nor did it create the global society’s response to literally shutting everything down.
In other words, if the Fed had been hawkish instead of dovish, and growth were diminished and people borrowed and invested more sensibly, etc, we would STILL be in an economic crisis.
The Fed’s cheap money tactics will expose the weakest run businesses and they will go bankrupt (unless they get bailed out by the taxpayer). That’s pretty much it. Outside of that, these are times when the fittest survive. In fact not just survive, thrive!
The Fed is a mere conduit.
In other words, if the Fed had been hawkish instead of dovish, and growth were diminished and people borrowed and invested more sensibly, etc, we would STILL be in an economic crisis.
The Fed’s cheap money tactics will expose the weakest run businesses and they will go bankrupt (unless they get bailed out by the taxpayer). That’s pretty much it. Outside of that, these are times when the fittest survive. In fact not just survive, thrive!
The Fed is a mere conduit.
Please explain why this message is being reported.
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No. - tiger4real MU - 3/12 17:48:53