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Sounds like the 2008 crisis (700 billion). But the virus and fear is ongoing and real...
by mgh2 7y ago
Sounds like the 2008 crisis (700 billion). But the virus and fear is ongoing and real...
- chasd00 7y agoYou're thinking of TARP which was a federal government thing and didn't even involve the Federal Reserve. Further, TARP was used to purchase toxic assets and not over night lending. So, no, it sounds nothing like 2008. https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program edit: don't mean to be a jerk, i'm taking a 3 day break from hacker news starting now.