Comprehensive-Belt40
Comprehensive-Belt40 t1_jdcvktw wrote
Reply to comment by NarcolepticTreesnake in Why This Banking Crisis Won’t Wreck the Economy by unbounded-dot
Exactly.. I'm sure they will drum up something else.
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.
Comprehensive-Belt40 t1_ja8rxnh wrote
Priced in.. Since their revenue is reported on a monthly basis.
Earnings movement is based on expense, expansion, and projects development
Comprehensive-Belt40 t1_jdcwiir wrote
Reply to comment by NarcolepticTreesnake in Why This Banking Crisis Won’t Wreck the Economy by unbounded-dot
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.