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A comment on Reddit's Stock Threads Become a Must-Read on Wall Street. Parent comment

Re:Reddit's Stock Threads Become a Must-Read on Wall Street by whimsicalism on Sunday October 11, 2020 @02:06PM (#24747737)
> Fed policy pumped in too much dumb money

Given fed policy, the outlook of the market seems rational. Why would the Fed not engage in expansionary monetary policy during a recession? Just so that the market better reflects how you "feel" it should look?

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Re:Reddit's Stock Threads Become a Must-Read on Wall Street by CameronNemo on Sunday October 11, 2020 @11:58PM (#24751249)
Because monetary policy rarely works long term, and is a fatally blunt instrument.

Fiscal policy can be applied much more carefully and is often far more efficient.

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