We Are the Federal Reserve, and We Plan to Drown the Coronavirus Crisis In So Much Money by 6IXSTRINGJACK

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We Are the Federal Reserve, and We Plan to Drown the Coronavirus Crisis In So Much Money

POSTED BY: 6IXSTRINGJACK
UPDATED: Saturday, March 14, 2020 06:52
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Saturday, March 14, 2020 1:51 AM

https://www.mcsweeneys.net/articles/we-are-the-federal-reserve-and-we-
plan-to-drown-the-coronavirus-crisis-in-so-much-money

Quote:
Where is this money coming from? Who cares? We’re the goddamn Fed. We shit money for breakfast. We want a million dollars? We get a million dollars. We want a billion dollars? We get a billion dollars. We want to pull $1.5 trillion out of thin air to give to our buddies on Wall Street? We get $1.5 trillion and you stop asking where we get it from because fuck you, we’re the Fed.

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Saturday, March 14, 2020 6:52 AM

SIGNYM

I believe in solving problems, not sharing them.

Such a dysfunctional and counter-productive reponse!

You DO realize, SIX, that this is at the behest of Trump? And that, in addition to supporting sick-at-home workers and small business, Trump and the Fed are planning not only a ginormous bailout (repo market at a rate of $300 BILLION a day) for the banks, they're ALSO planning in flooding the fracking sector with trillions (because of the oil war?)

Sometimes I watch this and think that Trump has a secret plan to break the Fed in some fashion. What he's doing makes no sense; it's like Modern Monetary Theory, but for the banks and stock market and speculators. The house of cards ... it's got to come down, sooner or later!

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Pity would be no more,
If we did not MAKE men poor - William Blake

Happy New Year, WISHY. I edited out your psychopathic screed!

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