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A comment on Federal Reserve pledges asset purchases with no limit to support markets. Parent comment

Re:Federal Reserve pledges asset purchases with no limit to ... by rdtwo on Monday March 23, 2020 @01:58PM (#22666747)
The government can offer loans where they are superior to other borrowers. This is similar to what private equity does to strip assets out from under other bond/debt holders but less evil
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Re:Federal Reserve pledges asset purchases with no limit to ... by bjourne on Monday March 23, 2020 @03:19PM (#22667668)
If so, what's the point of having banks in the first place?
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