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2020-03-12

A trillion plus doesn’t buy what it used to

By Johannes Ernst

https://reb00ted.org/quick-notes/20200312-trillions-and-no-impact/

  • finance
  • society

Let’s say you are the Federal Reserve, you hand out a trillion and change, and the market falls by 10% on the very same day. If you think #coronavirus isn’t disastrous, perhaps this will convince you?

Yahoo Finance Story.

Discuss with me in the Fediverse
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By Johannes Ernst: engineer, founder, cat herder organizer.

Typeset in Baskerville, a beautiful font designed just before humanity decided to start digging up carbon and boil the planet.