3 ms·
By making lending to the closed businesses so attractive that they can stay open over the course of the quarantine. (Likewise people can stay fed.)
by OscarCunningham 7y ago
By making lending to the closed businesses so attractive that they can stay open over the course of the quarantine. (Likewise people can stay fed.)
- onlyrealcuzzo 7y agoBut that's not what this is doing at all. This is keeping existing corporate debt artificially priced. Unless they lower rates to negative, new debt isn't getting any cheaper.