D
dcaster@krl.org
Guest
On Monday, April 27, 2020 at 7:08:42 PM UTC-4, Lasse Langwadt Christensen wrote:
The money in the bank is not doing nothing. It is lent out to those innvesting in production etc.
Dan
tirsdag den 28. april 2020 kl. 01.04.31 UTC+2 skrev John Larkin:
On Mon, 27 Apr 2020 22:39:36 -0000 (UTC), John Doe
always.look@message.header> wrote:
If debt is such a bad thing, so much so that (relatively speaking) peon
posters to this a group are alarmed by it, why is the stock market
giddy? The recent losses have NOTHING to do with the national debt. The
stock market was skyrocketing even though tax breaks were being handed
out like candy while the debt was also skyrocketing.
What do you know that all the bigwig investors don't know?
The Treasury has driven interest rates to near zero. Check your
savings account. This is deliberate to force savings into the stock
market and allow governmant borrowing without consequences.
or alternatively encouraging people to invest their money in production,
equipment, expanding etc. instead of of just keeping it in the bank making
money doing nothing
The money in the bank is not doing nothing. It is lent out to those innvesting in production etc.
Dan