Re:U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says
by raincom on Sunday March 22, 2020 @10:09PM
(#22660634)
Basically, Mnuchin and the Fed gang want more power and much more discretion, so that they can help their cronies. Fed loves to buy ETFs like BoJ does, in order to help banks and the rich, if they are given powers. Democrats should focus more on the fiscal policy than giving more powers to the Federal reserve.
[ Parent
| on HN ]
Re:U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says
by m0zg on Monday March 23, 2020 @02:18AM
(#22661676)
Be that as it may, my message to the media would be: if you want to retain any remaining shred of credibility you still have, stick to reporting corroborated first hand accounts, not rumors or opinions, at least for a while. Get on the ground, figure out what's going on, report it, in full and with evidence, good and bad. Don't just sit there and suck clickbait out of your thumb like you've been doing for the last decade.