pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
But interest rates were already low so I don't see how lowering them more was propping up businesses in a significant way.
But interest rates were already low so I don't see how lowering them more was propping up businesses in a significant way.
Appreciate the response. It might come down to will the USA take on unlimited debt to stave off the market downturn.
While I can see that happening it makes no sense to me.... there is way too much focus on using monetary policy to prop up the stock market when only roughly half of Americans own stock directly or indirectly.
I'm not sure if the fed has its eyes on the right ball.
But interest rates were already low so I don't see how lowering them more was propping up businesses in a significant way.