If you got liquidity, you’ll be fine.
~~~~~
what’s that mean?
That means, if you have cash, or income to sustain yourself during bad times.. you will not lose your house, need to sell stocks at a discount, or need to cash in items of lost value to save a business...
That is “liquidity”.
That is why the Fed pumps massive amounts of money into the markets. To allow for liquidation at some sort of reasonable price. Meanwhile they own the downtrodden, only to sell back at a profit later when things are at equilibrium.
I’m out. see y’all tomorrow! Hey, it’s 3/19!
I assume it means lots of actual cash.