Fed Ups Its Wall Street Bailout to $690 Billion a Week as Media Snoozes
- Thread starter OfTheCross
- Start date
It's like playing GTA5 with cheat codes for money, it steals incentive to put forth real effort and ultimately corrupts you to the point where you're spawning fighter jets to murder innocent people because there's no such thing as normalcy when your bank account is endless.Hell of game. You can borrow money endlessly. Just lend to segments the NY Fed asks you to. Make investments whether risky or not and still be made whole if the bets go belly up
You don't have to become corrupted. Nor do you have to spend money on useless materials. It all depends on what you value at the end of the day.
You can't have a money printer and not become corrupted, I'd argue that it's literally impossible no matter how strongly or firmly you feel rooted in your moral compass.
Secure Da Bag
Veteran
If it looks like a duck, walks like a duck, talks like a duck, then it's probably a bailout.
OfTheCross
Veteran
These are banks lending money to other banks to make sure you have your money. 
Futuristic Eskimo
All Star
The level of ignorance in this thread
i'm reading this thread absolutely dumbfounded. higher learning. wow.The level of ignorance in this thread
88m3
Fast Money & Foreign Objects
The level of ignorance in this thread
Yeah, I really don't get it
Red Shield
Global Domination
If it ain't a bailout then damn what the hell else could it be
The Fed shouldn’t be independent of Congress.
Would it make a difference when the lobbyists would corrupt & manipulate congressional members who don't know shieet about how wall street operates
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Piff Perkins
Veteran
Borrowing costs keep rising for banks and hedge funds, and the Fed keeps pumping money into the system in order to ease stress. The good news is that the cost increases are not being seen outside of the stock market. For instance mortgage rates are still low, as are loan rates for other things that normal non-rich people use. But bad news is that no one knows how long this is going to continue or what's truly causing it. People in the financial industry/banks are blaming Dodd-Frank, which forces banks to keep a decent amounts of assets on paper in order to prevent the type of fukkery that happened in 07 when multiple institutions effectively ran out of money. Banks hate the regulation and have been trying to get around it for years.
Some argue the deficit is impacting all this.
Regardless one thing is sure: shyt isn't going in the right direction and the only question is whether this spills out into the "real" economy and impacts regular people. With fears of a recession on the horizon and trade wars going wrong, this is the worst time for uncertainty. Only question is whether it blows up now or later.
newworldafro
DeeperThanRapBiggerThanHH
Hell of game. You can borrow money endlessly. Just lend to segments the NY Fed asks you to. Make investments whether risky or not and still be made whole if the bets go belly up
Im clearly in the wrong industry.
As a kid, when I was blowing Bubblicios bubblegum to the size of tennis balls, or water bubbles through the plastic rings...that shoulda been my calling to work in this field of stock market CPR defibrillation, or for a company that benefits from it...
.Don't get a $700 billion stimulus package every week, brehs.