Re:Fed’s Balance Sheet Exceeds $7T for First Time in History
by harryh on Friday May 22, 2020 @02:52PM
(#23275553)
Businesses and people are different entities. There is little reason to expect that good advice for one would be good advice for the other.
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Re:Fed’s Balance Sheet Exceeds $7T for First Time in History
by burrows on Friday May 22, 2020 @05:42PM
(#23277381)
Given your reasoning I should setup “Burrows Household Ltd.” to hold my assets. Then when the economy goes tits up I’ll say, “I don’t have 6 months savings, but that’s okay because I’m a business not a household.”