San Francisco Fed President Mary Daly speaks exclusively with Yahoo Finance’s Brian Cheung and Zack Guzman about the Federal Reserve’s economic response to the coronavirus.
#coronavirus #COVID-19 #FederalReserve #MaryDaly
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Such a bunch of bs blaming thos all on the virus. Obvious slight of hand.
On another note wouldn’t it be simpler to merge the US Treasury, the Federal Reserve and Goldman Sachs into a single business entity – the end results would be the same.
How about a Fed lending facility for regular people. Under the program (The Old Sneaker Lending Facility – AKA OSLF) the Fed would lend everyone $1000 for each pair of old sneakers they send in to the Federal Reserve. The interest rate would be 0% forever and you would never have to pay back the loan. The Fed would send your old sneakers back to you after one year provided you signed an agreement that you would never wear them again.
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