Honestly, you think THIS is going to prevent the system from locking? The last 50 basis points were shit through like nothing.
The fear on these people stinks.
If people are not ready economically, it’s way too late for that.
If the system locks, I think the US will effectively cease to exist as an ongoing concern. No money, no credit, no jobs. And a stash of gold is not going to help as much as people think.
I agree with that although completely disagree with the idea of closing the markets (or anything resembling that idea). That would be far worse than the coming flood of liquidity and malinvestment. But you are generally right that apart from a bump in financial stocks the markets will not like the fear signal. For long run strength the markets need predictable money and printing it makes it unpredictable.