To: abb
Nobody else finds the federal reserve buying individual company stocks and bonds a bit troublesome? State owned businesses? What has history possibly shown us on this matter?
16 posted on
06/15/2020 2:16:09 PM PDT by
blackdog
(Making wine cave appearances upon request.)
To: blackdog
18 posted on
06/15/2020 2:20:28 PM PDT by
gattaca
("Government's first duty is to protect the people, not run their lives." Ronald Reagan)
To: blackdog
I am not pleased with that. I mean a market is supposed to have risk. Risk is a good thing. The Fed was buying Hertz Rental Car bonds. Hertz. Just-declared-bankruptcy-Hertz. I don't have a great feeling about these kind of actions.
19 posted on
06/15/2020 2:27:50 PM PDT by
fhayek
To: blackdog
Of course it is. Nobody in charge wants to take away the JPowell printer.
20 posted on
06/15/2020 2:28:17 PM PDT by
Theoria
(I should never have surrendered. I should have fought until I was the last man alive)
To: blackdog
That is a very salient point. But it actually began in 2008/2009 if you recall.
Also please realize that this is how Japanese banks operate in Japan.
Who knows how it will unfold. Or maybe the word is “unravel”.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson