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Old 05-27-2020, 11:29 PM   #237
Edward64
Head Coach
 
Join Date: Oct 2005
I really don't get the criticisms on the Fed. The Fed is doing what they think is best to stabilize the economy (markets, businesses, consumer sentiment etc.).

Just like in the GR, there will be accusations that the Fed wasn't fair, even-handed etc. Just like in the GR there will definitely be unintended consequences (how could there not be?).

Does that really matter in the big picture? The only thing that matters is the Fed does its part in stabilizing the economy, keeping the recession relatively short, and preventing such a loss of confidence that we go into a Great Depression, stagflation etc.

Let's have the politicians figure out everything else out.
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