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ELI5: 1.5 Trillion Dollars

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posted on Mar, 12 2020 @ 06:32 PM
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So earlier today it was announced that the Fed injected $1.5 trillion in to the stock market.

Now I'm not exactly savvy when it comes to macroeconomics and high finance, but can someone explain to me why there is no money to fund things like universal healthcare, or student loan forgiveness but the Fed can suddenly produce $1.5 trillion to help out Wall Street?




posted on Mar, 12 2020 @ 06:34 PM
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a reply to: Xcalibur254

Best part...it will be up in smoke pretty damn quick.

Peace
edit on 12-3-2020 by operation mindcrime because: (no reason given)


+8 more 
posted on Mar, 12 2020 @ 06:35 PM
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a reply to: Xcalibur254

Much like universal healthcare, student loan forgiveness, the injected money is imaginary.



posted on Mar, 12 2020 @ 06:51 PM
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a reply to: Xcalibur254

Sure, it's called making money out of thin air.
It is a stop gap measure that only leads to devaluation of the dollar, and makes your salary or hourly wage worth less in the long run.
In short you are now at a slightly lesser value because of this.

If we extrapolated this to "universal healthcare, or student loan forgiveness" we would be at an extreme lesser value for our dollar to dollar comparison.



posted on Mar, 12 2020 @ 06:53 PM
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a reply to: Xcalibur254
Well to be fair, it's more like three installments of half a trillion each. And, I dont actually understand what they are doing exactly either.. but it doesnt seem to have calmed the market any.
What I would like to know is weather the fed saw fit to loan a trillion to the govt that we all, or should I say our grandkids, will be on the hook for.
I also really dont see why it was necessary.



posted on Mar, 12 2020 @ 06:57 PM
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1.5 Trillion Dollars
Computer generated currency.

Backed by a promise of debt.



posted on Mar, 12 2020 @ 07:03 PM
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all of this while american citizens with access to healthcare are hiding that they are sick because they are afraid to have to stop going to work. All of this while there are people who don't even have the money to go to a hospital to get tested.


US government showing, again, what are the priorities. Save the market, # the people
edit on 12-3-2020 by Peserc because: add more sentences



posted on Mar, 12 2020 @ 07:05 PM
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a reply to: randomtangentsrme

How so though?

$1.5 trillion is more than enough to forgive student loan debt. That alone means there's now millions of people with hundreds of extra dollars in disposable income every month. That is hundreds of millions of extra dollars bung injected into the economy on a monthly basis. But we've been told this is not financially viable.

Meanwhile, what the Fed did today sounds more or less like a bailout. Something that only helps the wealthiest of us, in the hopes that they'll share the wealth. Which they never do.



posted on Mar, 12 2020 @ 07:11 PM
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a reply to: Peserc

Exactly what I'm thinking.

The Senate just rejected a comprehensive bill would have ensured everyone could receive testing and treatment without fear for their job or finances.

But creating $1.5 trillion out of thin air and pretty much losing it in the same day is no problem?



posted on Mar, 12 2020 @ 07:14 PM
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a reply to: Xcalibur254

I have debts that I would like to have forgiven. But I took them on myself voluntarily, so.....


edit on 3/12/2020 by carewemust because: (no reason given)



posted on Mar, 12 2020 @ 07:15 PM
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Just loans Just loans Just loans 😷😎


What Is a Repurchase Agreement?



posted on Mar, 12 2020 @ 07:18 PM
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For perspective 1 Million seconds ago is last week.

1 Billion seconds ago is 1989.

1 Trillion seconds is around 30,000 years ago.
edit on 12-3-2020 by underwerks because: (no reason given)



posted on Mar, 12 2020 @ 07:18 PM
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a reply to: Xcalibur254

The Senate rejected all the unrelated garbage that has nothing to do with the Virus !!!! 😷 🀧 πŸ€“



posted on Mar, 12 2020 @ 07:19 PM
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Student loan forgiveness? I gather you have a student loan and want us tax
Payers to pay your way out of that loan you can’t afford. You get a free education while at it. Suck it up buttercup because most of us here have paid ours debts.



posted on Mar, 12 2020 @ 07:19 PM
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a reply to: Xcalibur254

It would be better to just give everyone $4000 and let them invest it in their own lives to stimulate the economy. Whether that be paying off debt, education or retraining for personal improvement or just simply as a consumer.
That 1.5 Trillion will disappear into the pockets of those who have lost out gambling in the Stock Market Casino.

edit on 12 3 20 by NinjaCougar because: Spelling



posted on Mar, 12 2020 @ 07:20 PM
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a reply to: underwerks

Yea pretty sick market, I reckon. Why not just give the people 1.5 trillion dollars?

Must be really scared of the D word or the C word.



posted on Mar, 12 2020 @ 07:27 PM
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a reply to: carewemust

Arguing personal responsibility for what is essentially a (failed) market-wide bailout doesn't exactly work.

This is just another failed example of trickle down economics.

For decades we've been told there's no money to invest in the middle and lower classes. But the second the upper class starts seeing a hit to their wealth there's suddenly trillions that can be spent to help them.

Why is that?

Why are the 99% told there's no money to help the out but there's trillions available when the 1% see the slightest bit of trouble?



posted on Mar, 12 2020 @ 07:30 PM
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a reply to: 38181

Nope. I was lucky enough to never have any student loans.

That said how is pissing $1.5 trillion down the toilet better in a few hours better than having invested in our middle class over many years?



posted on Mar, 12 2020 @ 07:32 PM
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If you guys are not increasing the volume of purchasing in your equities right now your missing out. Buy on the way down, sell on the way up.

If you think you can perfectly time the bottom and peaks more power to you. But I have increased the volume of purchasing in my 401 for the index fund in my vanguard account that tries to match the Russel 1000 and 2000 index. Prior to that as the market started to tank I diverted much of what I had into an account that says it invests in hard assets. That index has been gaining as the others fall.

I only kept 5% in bonds, just cause. Anyways, it's going to be some nice gains in my 401 when the market recovers. I'll probably year end with at least +12% easy. That's minimum. If, as I suspect the market rallies after Trump reelection, I'll probably be 20%+.

These are my favorite times in the market, when the funds multiply nicely, so long as the Money is moved around in time.



posted on Mar, 12 2020 @ 07:36 PM
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a reply to: 38181

Yeah, sure. so much better to waste the taxpayer money to bail out banksters.



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