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A comment on Federal Reserve pledges asset purchases with no limit to support markets. Parent comment
All of the funny money in the world won't answer these questions:
1. will a given firm exist in 12-24 months?
2. will anyone want to buy anything from that firm (or that firm's customers)?
3. when will anyone want to buy anything that is not the roof over their head, food or toilet paper?
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All of the funny money in the world won't answer these questions:
1. will a given firm exist in 12-24 months?
2. will anyone want to buy anything from that firm (or that firm's customers)?
3. when will anyone want to buy anything that is not the roof over their head, food or toilet paper?