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A comment on Federal Reserve slashes interest rates to zero. Parent comment

Re:Federal Reserve slashes interest rates to zero by vkou on Sunday March 15, 2020 @07:46PM (#22588029)
> If the Fed loses this fight, game over.

The fed is pushing on a rope. Any upcoming depression will be driven by collapse in demand, not supply. Slashing interest rates won't do anything to prop spending when consumers are sitting at home, not working, and not buying anything.

All this is, is an attempt to boost asset prices, to bailout investors.

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Re:Federal Reserve slashes interest rates to zero by triangleman on Sunday March 15, 2020 @10:34PM (#22589215)
The "pushing on a rope" analogy is usually used to describe how monetary policy stimulates demand but not supply. I do agree with you about asset prices.
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