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> is happening What is different this time? The Fed has participated in just about every financial bailout since it was founded in the 1910s. Even before the
by thephyber 6y ago
> is happening
What is different this time?
The Fed has participated in just about every financial bailout since it was founded in the 1910s. Even before the USA moved from gold-backed-bucks to fiat currency, there were rumors that there wasn't enough gold to back all of those promises.
> Nobody sees any issues
I'm sure lots of people are concerned, but that isn't the question. The question is what can be done and I think at this point everyone s paralyzed with indecision.
- omerbensaadon 6y agoThe difference is the riskiness of the things they are willing to buy...