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Re:Federal Reserve lent $300B in emergency funds to banks in... by zzleeper on Sunday March 19, 2023 @08:32PM (#35225508)
Agree it's QE. For those that say this isn't QE, it's understandable given the "original sin of QE" as Ricardo Reis put it: https://twitter.com/R2Rsquared/status/1576164361898708998?t=... (this episode is QE type 3 in his taxonomy)
Re:Federal Reserve lent $300B in emergency funds to banks in... by HDThoreaun on Sunday March 19, 2023 @08:36PM (#35225551)
Turning "QE" into a catchall for anything even sort of related to central banks holding more bonds isn't helpful. When words have too many meanings they have none, communication breaks down and people talk past each other, exactly as is happening here.
Re:Federal Reserve lent $300B in emergency funds to banks in... by tootie on Sunday March 19, 2023 @08:52PM (#35225721)
This is like the whole debate over whether or not there was a bailout. In the colloquial sense there absolutely was. In the traditional policy definition it really wasn't. It may seem academic but if you're interested in how this will affect the taxpayer then it makes a big difference. Both the Fed and FDIC are exercising the tools within their ordinary powers.