[Vermont Lt]

This won’t work.

It’s pushing on a string.

If the supply chain is disrupted, capital spending is suspended, and the consumer is only buying toilet paper....what are you going to spend this “free” money on?

I am a capitalist, but financial panics are the forest fires that clear out the deadwood. If the Fed keeps propping stuff up, it will never go through the crucible it needs so badly.

This crap just puts off the fire sale.

[4Liberty]

Right. And when banks loan "more" and more money, it should happen at HIGHER interest rates -- they already loaned to the safer, low risk, borrowers at a low rate. More loans - will then go to the higher risk borrowers -- but that added risk needs to be covered by a HIGHER Interest rate, not lower!!!!

This insane move will cause an over-extension of credit - or mal-investment, as Austrian Economists call it - this is REALLY OUTRAGEOUS

[Fury]

This crap just puts off the fire sale.

And... suggestions on what they should have done?