5 ms·
Better sick leave and CDC funding would not do anything to alleviate volatility in the repurchase operations markets. This is providing loans to banks so they
by missedthecue 7y ago
Better sick leave and CDC funding would not do anything to alleviate volatility in the repurchase operations markets.
This is providing loans to banks so they can more easily capitalize themselves during this period of severe volatility. It is the specific purpose of the reserve banking system. It's not about stopping the virus.