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Comprehensive-Belt40 t1_jdcb3c3 wrote

Everything is fine until it's not. Then when it is wrecking the economy, people will say nobody sees it coming.

Then later on, other people will come out stating signs were obvious.

Of course, the fed will cut interest rate and restart QE.

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NarcolepticTreesnake t1_jdct1gx wrote

And that will work until one day it doesn't...

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Comprehensive-Belt40 t1_jdcvktw wrote

Exactly.. I'm sure they will drum up something else.

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NarcolepticTreesnake t1_jdcw7cn wrote

I'm not sure what that can possibly look like besides giving away unlimited money without any collateral purchases. Not doubting that that could happen but that certainly could not go on for very long.

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Comprehensive-Belt40 t1_jdcwiir wrote

I think it will be a global effort to cover the lid.

Maybe that's when CBDC is out to ensure people spend money. The Chinese have a provision in their CBDC that gives expiration date to money in order to push people to spend.

Crazy idea?

It was also crazy that central bank can just print money as much as they want 50 years ago.

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Time_Yam301 t1_jdfwn5e wrote

The economy has never been "wrecked" in the US since the late 1930s.

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jr1tn t1_jdce4qk wrote

Weren't these the same guys who said inflation fears were overblown and then inflation was transitory and then actually, inflation is good?

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Time_Yam301 t1_jdfwjw4 wrote

All of those things are generally true simultaneously.

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tothemoonandback01 t1_jdcdkn0 wrote

Where have I heard this before; "this time it's different"

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wsbfollower123 t1_jdcek67 wrote

Don't get sold on this Bloomberg Fud.

Held to Maturity bonds are the problem. No losses reported until sold. Fed raises rates, price of the bond goes down. Can't sell until they mature. It's easy to see the problem is not over. Just more lies by the media, bankers, and Gov't.

Always changing the narrative to sucker people in before the big fall.

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tearslikesn0w t1_jdcguvj wrote

Tbh, if there isnt any bank run, this crisis wouldn’t have happened. For now, the feds are providing this liquidity to the banks. The upcoming crisis should be a liquidity crunch.

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SaltMiner76 t1_jdcmvsd wrote

If Bloomberg says it won't, it will

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ShankThatSnitch t1_jdcpca0 wrote

It won't wreck the economy until they have finished unloading their bags.

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VisualMod t1_jdc9ssu wrote

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Vegan_Honk t1_jdczd2y wrote

Bloomberg has 1 reporter wipe out trillions with a question and now they're saying those printers are primed and the fed is wrong.
Oh but banking won't wreck the economy. TF outta here. img

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Calm_Leek_1362 t1_jddtvh5 wrote

This is getting spooky how much like 2007 this is. I want to believe them, but bankers are fucking stupid and will take every single life line and try to gamble them on more gains, because they still get their bonuses even if they collapse the bank.

It took $300 billion just to get through last week. Why the fuck would anybody think the banks are ok, or this is over?

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