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When the fed bails out the corporate bond market, then that is when it becomes unacceptable. This happened recently. The Fed/Treasury had to do that during th
by HashThis 7y ago
When the fed bails out the corporate bond market, then that is when it becomes unacceptable. This happened recently. The Fed/Treasury had to do that during the 2008 crisis also.
Just never bail them out, and let them deal with their problems.