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re: Federal Reserve Unveils Major Expansion of Market Supports

Posted on 3/23/20 at 9:44 am to Boatshoes
Posted by LSURussian
Member since Feb 2005
127283 posts
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Posted on 3/23/20 at 9:44 am to Boatshoes
quote:
Inflation is a concern to the wage earner. Deflation is a concern to the asset owner.
That's cute.

It's also not true.
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Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11301 posts
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Posted on 3/23/20 at 9:47 am to LSURussian
If you don't think debasing the currency is inflation then fine I'm okay with that. But it does have disastrous effects on lower wage earners and savers.
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