3 ms·
Thanks, this is worth debating. Is this QE surgical rather than broad based, I can't see how it's precise and not broad? We can avoid the debate of which busine
by smarri 7y ago
Thanks, this is worth debating. Is this QE surgical rather than broad based, I can't see how it's precise and not broad? We can avoid the debate of which businesses need propped up by not propping any up. Yes an immediate response is required, but some consideration should be given to down-stream impacts. Agreed on the vaccine, but the worst to come could happen in the next 1.5 years, and if we've deployed trillions into the economy already, what's our next move? The extrapolation is my argument, if central banks can print money and pay wages now, why stop?