On: Fed cuts half point in emergency move amid spreading virus

[RobertoG]

That's because it's not a monetary policy problem, but a fiscal policy problem.

If you insist in fixing your home with your car jack, don't complain about the results.

[cm2187 → RobertoG]

Worthwhile read:

https://www.business-standard.com/article/finance/can-banks-...

[speedplane → cm2187]

When we design policy around increasing the value of the stock market, we effectively give stock-holders power. Good policy should create efficient markets, not "high value" ones.