In economics class, we were taught that adjusting the interest rate is a fine-touch knob on the economy, while the reserve requirement is a nuclear weapon. Even for very major economic downturns they don't touch the reserve requirement, because it's such a powerful thing. Why use a bazooka when you only need a handgun?
Trump just did something absolutely crazy, dropping the reserve ratio to 0%!!! This means banks can loan money with....nothing! They can just loan as much as they want, nothing in reserve.
This VASTLY increases the money supply, and the velocity of money. In fact, if this weren't limited to 90 days, I bet this would asymptotically increase it, literally into a hyperinflationary death spiral.
Combined with interest rates at 0%, this is literally the most insane economic stimulus America has ever gotten. I think this could be an inflationary death spiral. This is absolutely nuts. Madness
From the Jew York Times: > But two senior American officials said that some of the German news accounts first reporting the story were overblown, particularly with regard to any effort by the United States to secure exclusive access to a vaccine.
>The Trump administration has spoken with more than 25 companies that say they can help with a vaccine, one of the American officials said, and is open to speaking with others. Any solution, he said, would be shared with the world.
they have different versions of cushion, you might have bought the extra cushion. go for the medium the top section is lighter but underfoot remains comfy
>BMI >25 is a pre-existing respiratory condition it's ogre
Thomas Moore
Hell probably use all the money that he'll get from the plan by stopping the big names of the sex trafficking industry and child hunting after all this is over and pay the nation back that way. Your death spiral then turns into the restoration of the gold standard.
Nicholas Watson
>media so obsessed with bringing down Trump they televise all the updates completely >American people see how calm and collected Trump&admin are handling this, and see how freakishly worked up the media is >if they keep watching after the event, they get to see more talking heads losing their goddamn minds about DRUMPF and say nothing about the facts and actual handling of the event i'll never understand why the media people are so blind to their own antics
Austin Martinez
>ask to share information >offer plenty of cash > >orange man bad wtf am i missing?
How do you know those responsibilities weren’t absorbed within the organization? You can have 100 parallel agencies working on similar shit or you can consolidate.
Trump threw a team together and in a week they got the entire private sector working together doing what each one does best and it’s going to handle anything this virus can throw at us.
Christian Reyes
People in this very thread were arguing that this virus was nothing. Then later, people in this very thread argued that there would be no supply shortages, expressed contempt at the idea that people would raid the stores for toilet paper.
You people are just fucking wrong about everything. You're a bunch of retarded boomers who don't know shit. You react when things happen and mitigate the fallout, but you're not anticipating anything.
Cameron Roberts
>superfluous position eliminated >I AM ESSENTIAL PERSONNEL!!! clockwork
>wtf am i missing? Election year, Democrats have no candidate or platform that can get them elected, they will just resort to the usual: cheat, steal, use worldwide media as lapdogs...
Henry Parker
>Germany story BTFO >believing the over-reactive first reports to begin with
Not really, governments do tend to get involved to help stop pandemics.
Benjamin Bailey
Just a flu bro.
Nathaniel Kelly
There are no supply shortages.
Anthony Butler
YOUR ANONYMOUS GENETIC SWAB WILL HELP US TRACK THE INFECTION
GET IN THE FUCKING POD AND GET SWABBED
Nathan Murphy
>get home from a comfy Sunday outside just in time to learn about The Fed Jew's latest Huge Coom >had no idea Blimpf showed up again @ the coronachan presser >rewatching the presser >Blimpf reads the names of all the 'Big Grocery Store' CEOs >gets to Dollar General >calls CEO Todd Vasos 'Tard Vasso'
Blimpf simply cannot stop shitposting or shitpronouncing, can he
The media literally incited panic. Why are people hoarding toilet paper? Because the media told them to, and monkey see monkey do. Why do you even need that much toilet paper? How much do you use in 2-3 weeks? Journalists should swing.
Ayden Cook
I wish Trump could do that. Can you imagine hundreds of these reporters going “missing”?
Had asthma when I was a kid. Grew out of a decade ago
Jackson Cooper
It's already debunked.
Robert Lee
>play chess with dad using political figures as pieces >having to explain to dad that "while you captured nancy pelosi, you're still in check"
Eli Myers
>Recession starts
A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. A recession begins just after the economy reaches a peak of activity and ends as the economy reaches its trough. Between trough and peak, the economy is in an expansion. Expansion is the normal state of the economy; most recessions are brief and they have been rare in recent decades
Nathaniel Hill
What an ignorant nigger you are.
Luke Bell
>but you're not anticipating anything.
I anticipate chaos, and Trump delivers every single time.
Anyway the toilette paper is produced in mass in the stats even in canada why the fuck do peoples think toilette paper will stop being made suddenly
Alexander Turner
these were midweight, If I could just stretch out the middle of them then It would be "acceptable" as in "yeah I could wear these on my feet as things that were supposed to be socks without being constantly aware that they are shit socks" it almost feels like it is a production error since the other parts of the sock fit fine
Jaxon Ross
Boring, unpersuasive.
Jackson Ramirez
Just a flu created by Clinton, bro.
James Phillips
How long would a quarantine last, 3-4 months tops? Then add some time for production and distribution to start back up again.
Does it get triggered by infections? I am in a similar situation and I only really get triggered by cats and when I get sick now.
Joshua Richardson
holy fuck 200lbs at 6'3" wtf is this disease gonna turn humans into skellingtons?
Luis Bailey
You got btfo'ed in the last thread.
Thomas Ward
So sorry we didn't panic at the first sneeze you schmuck.
Brayden Carter
Link please. I refuse to believe even Canada is this fucking cucked.
Kayden Carter
you're stupid for thinking it's anything more GET IN THE FEMA POD WE NEED TO TEST YOU AND SEND YOU TO THE FEMA CAMP
Lucas Edwards
> Lives in the present moment > Sees life as a series of battles The God-Emperor is more redpilled and testpilled and fiveringspilled than I had ever dreamed.
Jaxon Young
People are retarded. Especially the ones who visit these threads.
Elijah Barnes
for plausible deniability the RWWS (Right Wing Wolf Squads) have to do the work
there is literally no shortage of anything you fucking retard please give a list of 17 grocery stores in 15 unique counties (at least 25% must be operated by women or PoC) that are unable to restock their shelves
>always focused on the present >therefore not focused on the past, which cannot be changed >therefore not worried for the future, for it is not here yet
Sounds like he has some wisdom. Many could learn from him.
Jason Harris
>Lucian Grainge jewish head of universal music Has Corona virus! jews can't escape justice.
Viruses like dry air. It's why flu season occurs during the winter. Most of the eastern US is humid as fuck during late spring and summer, not to mention spring rains. It's why most quarentines are only until April 5th right now.
Eli Reed
>Tfw no massive GOP rallies and marches like the DNC does >Tfw can't fly my ancap flag in front of commies
bad ID reminds me of the idea of permanent revolution, or of these two quotes
>"Why do we have to do the next thing? It never seems the sort of thing I should do." >"We have to do it because we're not personalities, but personages." >"That's a good line - what do you mean?" >"A personality is what you thought you were, what this Kerry and Sloane you tell me of evidently are. Personality is a physical matter almost entirely; it lowers the people it acts on I've seen it vanish in a long sickness. But while a personality is active, it overrides 'the next thing.' Now a personage, on the other hand, gathers. He is never thought of apart from what he's done. He's a bar on which a thousand things have been hung - glittering things sometimes, as ours are; but he uses those things with a cold mentality back of them."
>You should have eyes that always seek an enemy - your enemy. And some of you hate at first sight. Your enemy you shall seek, your war you shall wage - for your thoughts. And if your thought be vanquished, then your honesty should still find cause for triumph in that. You should love peace as a means to new wars - and the short peace more than the long. To you I do not recommend work but struggle. To you I do not recommend peace but victory. Let your work be a struggle. Let your peace be a victory! One can be silent and sit still only when one has bow and arrow: else one chatters and quarrels. Let your peace be a victory!
Didn't King Nigger have nearly 0 interest rates for both his terms?
Jacob Gomez
>Vaccines No, thanks.
Isaiah Morris
the butthurt is real
Hudson Thomas
Oh no, don’t get me wrong. I’m a trump supporter. I rely on you retards to keep him in power. I still think you’re a lower form of life though. And most of you are also fucking retarded.
Hunter Young
This fucking dumbass is going to get us all killed
Jordan Wright
Financial analyst user here:
Blake Price
>What's with all the concern faggotry and overreacting like women?