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This is a recipe for stagflation -- economic slowdown (inevitable, and by choice, in response to the circumstances) with excessive liquidity in the market. The
by lend000 7y ago
This is a recipe for stagflation -- economic slowdown (inevitable, and by choice, in response to the circumstances) with excessive liquidity in the market. The capital injections aren't going to open up restaurants until shutdown orders have been lifted, and even then, you're kidding if you think small businesses will materially benefit from Fed actions.