Nipate

Forum => Kenya Discussion => Topic started by: KenyanPlato on April 09, 2020, 07:23:55 PM

Title: $2.3 Federal reserve port. Printed to support Local Govt and businesses with 10K
Post by: KenyanPlato on April 09, 2020, 07:23:55 PM

or more employees
https://www.reuters.com/article/us-health-coronavirus-fed-mainstreet/fed-rolls-out-2-3-trillion-to-backstop-main-street-local-governments-during-crisis-idUSKCN21R1WY


for commentary read here

https://www.reddit.com/r/wallstreetbets/comments/fxrlt5/brrrrrr_fed_announces_new_lending_plans_it_says/


How is this supposed to work. If you lend me $10K right now. I would just hoard it hoping to be able to pay my mortgage and buy steaks once in a while. I know the world is in shit and so all I need is food, women and shelter. Why would I commit to paying the fed this money. Why would a company not use this money to just pad their balance sheet and play games with employees. Further more those employees are at home and no longer the companies number one focus

Title: Re: $2.3 Federal reserve port. Printed to support Local Govt and businesses with 10K
Post by: Georgesoros on April 10, 2020, 03:19:47 PM

INFLATION!!!!

Title: Re: $2.3 Federal reserve port. Printed to support Local Govt and businesses with 10K
Post by: KenyanPlato on April 11, 2020, 12:06:39 AM

(https://i.redd.it/g8q596vtwzr41.jpg)