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A comment on Fed to buy junk bonds, lend to states in fresh virus support. Parent comment

Re:Fed to buy junk bonds, lend to states in fresh virus support by legolas2412 on Thursday April 09, 2020 @04:57PM (#22827113)
When federal reserve hold interest rates at 0 for 7 years, and pump 4 trillion in the economy via quantative easing to purchase mortgages, it is fair to say that federal reserve is pumping up assets.

The impending doom has been pushed in the future, but it will come back much stronger. Sometimes in the future, whrn reckoning comes, usd will lose its reserve currency status, there will be massive currency devaluation/hyperinflation/stagflation.

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Re:Fed to buy junk bonds, lend to states in fresh virus support by cobookman on Thursday April 09, 2020 @05:01PM (#22827147)
And what the Euro will be used? Same issue. How about RNB? Welp its even more manipulated.

Nobody knows what the future will hold when everyone is in the same position.

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Re:Fed to buy junk bonds, lend to states in fresh virus support by fullshark on Thursday April 09, 2020 @11:19PM (#22829686)
This is good for bitcoin
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Re:Fed to buy junk bonds, lend to states in fresh virus support by aaronblohowiak on Thursday April 09, 2020 @06:47PM (#22827996)
“Pumping up assets” is aka income inequality, since people who own assets derive part of their income from the increasing value of the asset over time. This also makes it harder to go from a worker to an owner.

Yes, pension funds and 401ks own a lot of these assets — but people who have pensions and 401ks are doing better than many many other people in the country.

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