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“The Fed has bought a relatively small amount of Walmart’s investment-grade bonds” would be a less alarmist way of saying that.
by beervirus 6y ago
“The Fed has bought a relatively small amount of Walmart’s investment-grade bonds” would be a less alarmist way of saying that.
- markkanof 6y agoYour point makes sense when talking about this action by the Fed when looking at it as a standalone action, but a lot of people, including myself, might think the raised state of alarm is justified given that this is a situation where the Fed is essentially investing in/bailing out individual companies. One of the huge issues with this is that it puts the Fed in a position to be choosing winners and losers, which is very much against the idea of operating in a free market economy.
- deleuze 6y agoI find pretty much everything the Fed does alarming.
- anm89 6y agoThis isn't exactly an alarmist title. There is no way to argue that it is even partially untrue or at all subjective.