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That wasn't an attempt at wealth distribution lol. The Federal Reserve's corporate bond buying program was always to be bigger than stimulus checks and payment
by vmception 5y ago
That wasn't an attempt at wealth distribution lol. The Federal Reserve's corporate bond buying program was always to be bigger than stimulus checks and payment protection program. I was more so amused how PPP got all the headlines and watched neighbors turn on each other, while the corporate bond issuers move in silence.
It was in the CARES Act of 2020 and watching the corporate bond market closely, it's just a matter of reading comprehension.