Can someone give me the rundown for a brainlet like me?
Did the Fed just buy all these stocks?
Can someone give me the rundown for a brainlet like me?
Ethan Wood
Other urls found in this thread:
theatlantic.com
twitter.com
newyorkfed.org
twitter.com
Lucas Hall
No they loaned 1.5 tril to banks so that they are solvent enough to withstand a bank run. As long as the banks have money, you have money.
William Garcia
this is correct
literally just google this shit guys
theatlantic.com
David Ramirez
Alright, I’m alittle confused. Bernie Sanders seems like he knows a lot about the fed and he was tweeting something about it
Brandon Collins
>he was tweeting something about it
this tells us nothing
link the tweet or you're just posting conjecture
Adam Thompson
Parker Baker
he's not wrong but he's not right either
it's a bit misleading on purpose because like Trump, Bernie is a populist. He's effective in his messaging to rally his base
The Federal Reserve is indeed coming up with 1.5T seemingly out of no where BUT as a loan, not just "spending" or "handing out"
Angel Butler
Repo markets have been on life support since September. Corporate debt is poised to trigger a cascade of major institutional defaults. Boomers, whose spending leveraged by Keynesian funny-money has been the lifeblood of economic growth, are about to retire. Fed has been trying to keep it all under wraps.
Then the Coronavirus appeared and began to shut down entire nations.
Markets, having expected more time to prepare, began to rush for cash ahead of the collapse.
The fed, desperate to give institutional investors more time to escape, spooled the printing presses into overdrive.
In anticipation, day traders closed profitable shorts, fooling boomers and galaxy-brains into thinking they were seeing genuine buy action. These goobers have since been "buying the dip", inadvertently covering institutions setting up their shorts.
...and now you're up to date.
The government could have printed to secure people's savings and then let the banks eat their lunch, but parliament and the media are PR for the central banking cartel so it was never going to happen.
...and don't you dare notice tribal affiliation.
Michael Gomez
plz explain to a brainlet what that last line is about.
Michael Flores
"the Jews did it"
Brody Rodriguez
>In anticipation, day traders closed profitable shorts, fooling boomers and galaxy-brains into thinking they were seeing genuine buy action. These goobers have since been "buying the dip", inadvertently covering institutions setting up their shorts.
And this is why I'm not buying LINK until it's back to $0.50.
Ethan Moore
The Fed injected liquidity into the repo market to prevent the economy grinding to a halt. This was not Government money, as Sanders and a host of idiots on Blue Team say. This is not free money- it is an opportunity for institutions to restructure their debt and remain solvent due to severe issues in the bond market.
Jason Cooper
thx
Jackson Taylor
Fed buy low with fake money, sell high and spend it on more cocaïne
Josiah Diaz
You are still a nation of retarded masochists for not voting in politicians that would give you universal healthcare and paid sick leave.
t.
Yuropoor.
Gabriel Ramirez
The reason Americans dont want that shit is because in America "free healthcare" means "free healthcare for niggers and jews only" and "free college" means "free college for niggers and Jews only"
Austin Sanchez
They may be printing fast or have reserves of nre money they dont release until they want to but it must be physically impossible to print 1.5 trillion fast idk but i must take months
Owen Green
AYO I'M FINNA NEED SUMMA DAT EVICTION PROTECTION YO, DEEZ GREEDY AZZ LANDLOHDS BE FINNA EVICT ME FO' PLAYIN JUNGLE BEATS AT 4 AM N SHIET, SO WHAT IF MY NEIGHBORS WITH JOBS CAN'T SLEEP? FUK EM, THEY WHITE NEWAY
Connor Young
>can i have gibs gibs gibs?
>best i can do is gibs
die leeches
Matthew Robinson
Can you prove that’s how it will go? You do know there are black tax payers to right?
Ryan Gray
i mean i do not enjoy the crash but as european i hope this will finaly kill the eu and all the socialists pigs who lead it
Ethan Brooks
Welp. I just got furloughed for a month
At least the stock market is up though :)
Hunter Gutierrez
>1.5 trillion pump
>i can barely afford cheap beer to get drunk and forget about my problems
THANKS FOR NOTHING,DRUMPF
Christian Watson
So youre telling me a lot of the "money" in the market is literally nust 0s and 1s on a computer screen.
LOL
Juan Lopez
Exactly, so why are you so scared of healthcare bills and student debt it's just 1s and 0s lmao
Liam Robinson
>black tax payers
Lmao, absolutely delusional
Blake Diaz
It's all fake and gay user just enjoy the ride.
Jordan Wood
How so?
Andrew Turner
did you really though they physically printed 1.5 trillion ?
nigga this is what 1 trillion USD in $100 bills looks like
John Myers
If you need to jump through this many hoops to justify corporate welfare, just give it to the people who need it instead.
Asher Bailey
No not all
William Morgan
Define “need it”. Why don’t they get better jobs so they can secure healthcare and better pay? Are they incapable?
Matthew Perez
Your gay
Michael Anderson
user said I’m delusional for saying some blacks pay into the “free” system too. There’s only 43 million of us. So I’m asking how I am delusional?
Lincoln Brooks
Thats the worst part the average person likely actually believes that if u told them. That'd quickly crash the economy when they realize literally typing in
1500000000000
And hitting enter
Is all theyre doing
>wait a second youre telling me its the same as just 1000 in google and hitting enter
Caleb Stewart
because it would literally create hyper inflation overnight
1.5 trillion /327 million american means like 5 grand per person including kids, that's like 2 month salary for the average guy
Landon Morgan
>So youre telling me
Dylan Allen
Thats a lot more work than the FED telling banks to just add a 1 on the front of a bank account and two 0's at the end. $100 for the poorest with bank accounts and absurdly rich for those with a decent chunk in there.
>but user that will inflate the value of the dollar!!!!
And the FEDs current actions arent? Just at a slower pace as many seem to be unaware but give it to the people and theyll quickly realize it.
Cooper Perez
I really wonder if it would though.
Maybe giving everyone a single gibs injection could help stimulate the economy.
Noah Richardson
Thats because the public would quickly realize the sham versus the slower method that still causes inflation but at a slower rate.
Jaxson Perry
>Despite criticism from the left
Its not only "leftists" who criticize this, many right wing dumbasses do, like ancaps and austrian economists
Brody Johnson
>As long as the banks have money, you have money
It used to be the other way around. Sad times we're living in.
Jackson Allen
Stfu faggot banking is older than the bible. Nobody ever kept all their worth on hand because then they'd have to spend all their time watching their house instead of accruing more worth.
Brayden Allen
I think he’s referring to the fact that the average white american pays more in taxes and takes less free handouts than the average african american. I know there are plenty of based blacks that contribute positively to society. But a majority of them are are poor and a net drain on society
Jayden Allen
Why do banks need to be propped up after a 10 year bull run? Shouldn't they be swimming in cash?
Mason Edwards
What is a loan that you aren't planning to collect on?
>it's a handout.
Kayden Morris
Just wait until the banks are unable to pay back their debts
Carter Wright
the average person cant even do math
Oliver Perry
>Why do the banks "need" 1.5 trillion dollars. Can't they just make better investments so they can secure more money. Are they incapable?
Asher Adams
>what is fractional reserve.
Aiden Baker
Why does wall street need welfare?
Can't they just do better investments?
Jackson Sanchez
We SHOULD let them crash and burn. But that would cause a global financial meltdown. And the people in power don’t want an global meltdown on their watch. So the meltdown will be prolonged as much as possible. And it will be prolonged at the average mans expense
Julian Cox
That is financialized economics. The 1.5trln they gave could not be spent on medical equipment etc. Thats also why world hunger and pollution are still there, even if you see so many ppl w huge fortunes who could seemingly solve it.
You take that 1.5trln, go to a pharmacy and buy all their medicine. Right? No. Medicine prices go up as you increase the demand, at some point pharmacy euns out of pills and you still have all that money. That's when you realize that the value of all this fortune is now zero, cos there is nothing you can buy with it anymore. All those banks, stocks, markets collapse as whatever money these activities generate is worthless.
Luis Smith
They collect on it. The repos are for 1 month and 3 months.
Isaac Lopez
Found the brainlet. Where did they get 1.5 trillion dollars from to begin with? The Government doesn't have any money. It's broke....
They just printed money out of thin air.
Leo Wood
10 trillion now
Grayson Moore
no one knows, but that's because this is all a simulation anyway, you're actually in a coma. Wake up. Please wake up.
Mason Gray
Pretty sure you're the poorfag leech.
Liam Butler
is this real life?
Christian Martinez
Isaac Parker
fpbp
Easton Perez
the average nigger will consume the tax income of 3 white people to pay for their gibs.