4 ms·
The emergency repo operations were required long before the coronavirus, we have liquidity issues in the US. Economy will start to collapse shortly... Fed can't
by mrscottson 7y ago
The emergency repo operations were required long before the coronavirus, we have liquidity issues in the US. Economy will start to collapse shortly... Fed can't expand the balance sheet without exacerbating the problems.
- mhdhn 7y agodark
- totalZero 7y agoIn the US, cost of money for institutions is already so low that effective interest rates could absorb a lot of demand without going haywire. It might actually be healthy for the economy. I do agree that the Fed has been unwise in buying debt just to bolster Donald's bull market.