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Reuters: Republican leader McConnell says another coronavirus bill is coming
Posted on 4/3/20 at 5:30 pm
Posted on 4/3/20 at 5:30 pm
Reuters
Mitch McConnell said on Friday the U.S. Congress will work on another coronavirus relief bill, with healthcare topping the list of priorities.
Mitch McConnell said on Friday the U.S. Congress will work on another coronavirus relief bill, with healthcare topping the list of priorities.
15
Posted on 4/3/20 at 5:31 pm to William Stephenson
They need to add a ban on everything made in china to this bill.
Posted on 4/3/20 at 5:34 pm to Malik Agar
quote:*posted from my iPhone
They need to add a ban on everything made in china to this bill.
Posted on 4/3/20 at 5:35 pm to William Stephenson
No problem we'll just print more money. This won't have any effect on inflation. 
This post was edited on 4/3/20 at 5:36 pm
Posted on 4/3/20 at 5:36 pm to William Stephenson
Why bother with a bill. Just declare everything free, that’s what this is coming to. But you definitely don’t need a gun
Posted on 4/3/20 at 5:37 pm to William Stephenson
Brrrrrrrrrrrrrrr
Posted on 4/3/20 at 5:39 pm to MsHoghunter
quote:
This won't have any effect on inflation.
Explain in any manner using data post the 1970s in any developed market and not some ridiculous academic textbook why it will.
I'm all ears.
Posted on 4/3/20 at 5:39 pm to William Stephenson
quote:
Mitch McConnell said on Friday the U.S. Congress will work on another coronavirus relief bill, with healthcare topping the list of priorities.
They found another stand of Money Trees? Wow
Posted on 4/3/20 at 5:39 pm to William Stephenson
I'm hoping it's the home mortgage forgiveness act.
Posted on 4/3/20 at 5:42 pm to AUFanInSoCal
I just bought a big expensive home, sign me up for that! All jokes aside this CV is going to have decades long effect on the USA. My kids will be staring at a avalanche of debt with no hope of recovery.
This post was edited on 4/3/20 at 6:12 pm
Posted on 4/3/20 at 5:47 pm to aubie101
quote:
My kids will be staring at a avalanche of debt with no hope of recovery.
So with every single developed market doing the EXACT same thing, keep in mind the currency is any pressure point of relief for an oversupply of money.
And every emerging market requiring a secular declining currency due to export reliance (outside of India and Brazil).
Plus the entire game of effective currency rates.
Plus the fact the Fed just bought 1.6tn in Treasuries and MBS over the past month alone, where interest is remitted back to the Treasury.
Explain how your kids are playing for this.
You would figure with the Fed's balance sheet going from 1tn in 2008 to 6tn today that the dollar would be weaker huh... but its over OVER 30% in that time.
Posted on 4/3/20 at 5:48 pm to BennyAndTheInkJets
quote:
would figure with the Fed's balance sheet going from 1tn in 2008 to 6tn today that the dollar would be weaker huh... but its over OVER 30% in that time.
It’ll soon be over 10 trillion.
Stay tuned.
Posted on 4/3/20 at 5:49 pm to OchoDedos
The poliboard irks me so much. I actually support Donald Trump. Not all of his policies, nor should anybody support all of any politician's policies. But I like a lot of what he's done/doing.
But the complete fricking ignorance of this board to the global financial system is fricking ulcer inducing.
But the complete fricking ignorance of this board to the global financial system is fricking ulcer inducing.
Posted on 4/3/20 at 5:49 pm to BennyAndTheInkJets
quote:Plus, we've only increased the debt like 10% with this virus stuff. If an "avalanche" was your worry, you're pretty late to the party.
Explain how your kids are playing for this.
You would figure with the Fed's balance sheet going from 1tn in 2008 to 6tn today that the dollar would be weaker huh... but its over OVER 30% in that time.
Posted on 4/3/20 at 5:49 pm to BennyAndTheInkJets
quote:
BennyAndTheInkJets
Whoa. Blast from the past.
What’s your take on all of this? Mostly the impact on the markets long- term.
Posted on 4/3/20 at 5:50 pm to BamaCoaster
Cool.
Where do you want to bet the dollar is then? The currency that the Fed just setup a complete supply pipe via the FIMA repo facility a couple days ago?
Where do you want to bet the dollar is then? The currency that the Fed just setup a complete supply pipe via the FIMA repo facility a couple days ago?
Posted on 4/3/20 at 5:52 pm to William Stephenson
This is awesome. Let’s just print money to fix all our problems. Why didn’t we think of this before?
Posted on 4/3/20 at 5:52 pm to HailToTheChiz
quote:
Brrrrrrrrrrrrrrr
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