Thursday, April 09, 2020 5:08:06 PM
The Fed has been MORE than preemptive in pushing liquidity into the System and they said they were going to do that. They have pumped in many trillions already. Buying everything in sight to prevent defaults and eventual panic.
I still find it hard to believe they can fill all the holes and IMO they will just continue to try and fix an unfixable situation, but it won't be because they're not throwing all the money they can at it.
They may already be past the point of no return and just don't know it, but they know they can't stop, so it will just accelerate until something breaks IMO. Eventually people are going to see this isn't working. Even those that do know it's not working have their heads stuck in the sand to avoid the truth.
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