News for hackers. Stuff that matters.
Re:Federal Reserve lent $300B in emergency funds to banks in... by matheusmoreira on Sunday March 19, 2023 @08:52PM (#35225722)
There may be strings attached but it's still a massive loan that inflates the money supply.
Re:Federal Reserve lent $300B in emergency funds to banks in... by MuffinFlavored on Sunday March 19, 2023 @09:16PM (#35225980)
What would the alternative have been? Don't lend it/provide it for banks and let ________ play out instead where _______ is defined as ________.
Re:Federal Reserve lent $300B in emergency funds to banks in... by matheusmoreira on Sunday March 19, 2023 @09:22PM (#35226038)
Not lending money to banks and letting them fail when their "safe" investment strategies fail.
Re:Federal Reserve lent $300B in emergency funds to banks in... by mountainriver on Sunday March 19, 2023 @10:55PM (#35226712)
That’s a great way to collapse the banking system and screw over millions of people
Re:Federal Reserve lent $300B in emergency funds to banks in... by matheusmoreira on Monday March 20, 2023 @12:04PM (#35233612)
> collapse the banking system

Exactly.

> screw over millions of people

People who loaned their money to the banks. Why shouldn't there be consequences for lenders?

Re:Federal Reserve lent $300B in emergency funds to banks in... by mountainriver on Monday March 20, 2023 @01:14PM (#35234943)
Actually it would likely collapse the entire economy as thats whats historically happened. Then you have tons of people out of work and starving so you could feel some sense of justice for a few
Re:Federal Reserve lent $300B in emergency funds to banks in... by matheusmoreira on Monday March 20, 2023 @07:27PM (#35240346)
Maybe if people suffer enough they'll learn not to build a debt-based house-of-cards economy that requires hundreds of billions in taxpayer bailouts at the slightest threat of insolvency and defaults.

Oh who am I kidding? They'll just go back to banks again, every single time.