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kleinbl00 · 1717 days ago · link · · parent · post: Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program
The problem is the Fed has one tool - liquidity. We've got something structural here. Lots of us have been harping about the structural problems for a long time and the Fed can even agree - it doesn't change the fact that the only solution they have is pouring money on it.