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1. LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Sunday, 15-Mar-2020 21:11:03 EDT LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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   5:15 pm: Fed cuts rates to zero and launches a massive $700 billion quantitative easing program The Federal Reserve, saying "the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States," cut interest rates to near-zero on Sunday and launched a massive $700 billion quantitative easing program to shelter the econo…
   • clacke: seeking 🇸🇪🇭🇰💙💛 (clacke)'s status on Monday, 16-Mar-2020 20:58:27 EDT clacke: seeking 🇸🇪🇭🇰💙💛

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     @Nobody [LinuxWalt (@lnxw48a1)] Maybe this time around it would have made sense to give the QE to the people. Half of that amount, 1000 USD/citizen, would have made a huge difference.
     LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} repeated this.
   • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Monday, 16-Mar-2020 22:39:07 EDT LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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     • clacke: seeking 🇸🇪🇭🇰💙💛
     @clacke Thinking about it, I don't think the Federal Reserve could legally do this. But Congress can (and should) send checks to help us all get through the current time of hardship.
   • GeniusMusing (geniusmusing)'s status on Monday, 16-Mar-2020 22:42:35 EDT GeniusMusing

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     • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}
     • clacke: seeking 🇸🇪🇭🇰💙💛
     @lnxw48a1 @clacke The so called "helicopter drop" may be gaining traction. Nouriel Roubini on Twitter: http://status.hackerposse.com/url/20466 >The suggestion by me & others for an helicopter drop of 1K for each US resident is getting traction and broader bi-partisan support: Mitt Romney and his advisor Greg Mankiw; Jason Furman; and now even Larry Kudlow is open to the idea. …
     LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} repeated this.