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whistler162

(11,155 posts)
3. Pkay here is am actual source story
Mon Aug 17, 2020, 04:58 AM
Aug 2020

not just some twit tweeting?

https://www.cnbc.com/2020/06/29/the-fed-is-buying-some-of-the-biggest-companies-bonds-raising-questions-over-why.html

"The Federal Reserve is continuing to buy corporate bonds, following up on a pledge it made in March.
Corporate America titans such as Microsoft, Apple and Home Depot have been among the beneficiaries.
Questions have been raised over “moral hazard” as the Fed buys debt from companies that don’t seem to need the central bank’s help."

Remember back in 2008/2009 the Federal government's bailout of the auto industry bought a stake in that in that industry until they purchased it back from the feds.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Give him nothing... LakeVermilion Aug 2020 #1
K & R & Retweeted! SunSeeker Aug 2020 #2
Pkay here is am actual source story whistler162 Aug 2020 #3
Rt! Cha Aug 2020 #4
Stocks had been falling back down when Fed propped up market with this scheme wishstar Aug 2020 #5
K&R ck4829 Aug 2020 #6
The Piper will be Paid.... ashredux Aug 2020 #7
The Federal Reserve Bank is NOT the government James48 Aug 2020 #8
+1 melm00se Aug 2020 #15
Thank you. The Federal Reserve is owned by ten big private banks, not the govt. nt Nay Aug 2020 #23
trumps using the treasury to make the markets look better for political gains duforsure Aug 2020 #9
Of course! SheltieLover Aug 2020 #10
+1, ... and if Biden wins America will get bent 4th quarter this year. At minimum the stock market uponit7771 Aug 2020 #12
The Chair of the Fed did say there was no limit to how much money would be put into the market. kentuck Aug 2020 #11
Trillions to be used for his political benefit duforsure Aug 2020 #13
Is this the same old story the TWO SANTA CLAUSE shuffle with a twist. What individuals are getting.. usaf-vet Aug 2020 #14
This is a good maneuver... reACTIONary Aug 2020 #16
I told my sister that I feel the NYSE is being converted into Jarqui Aug 2020 #17
That is the capitalism that the right loves to worship Chainfire Aug 2020 #18
Printing money? keithbvadu2 Aug 2020 #19
Their capitalism is really socialism for the rich. cbdo2007 Aug 2020 #20
So far M1 money supply YoY is up 38 pct. roamer65 Aug 2020 #21
Maybe, but maybe not. James48 Aug 2020 #24
If they keep it up, it will start a currency crisis. roamer65 Aug 2020 #27
President Biden, and Kamala Harris bluestarone Aug 2020 #22
Kick dalton99a Aug 2020 #25
Buying up bonds does not raise stock prices. Amishman Aug 2020 #26
Hey, when the govt controls stock prices, isn't thaaaaaaat..... Yavin4 Aug 2020 #28
Dun dun dunnnn! ck4829 Aug 2020 #29
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