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by munk-a 2289 days ago
Unfortunately the US economy isn't very healthy - it's over-leveraged on debt and has been artificially propped up by cash injections into the market. In actuality this recession may be caused by corvid-19 but it was ready to go at the first serious economic hiccup.
1 comments

I think if anything, the Fed was probably overjoyed about COVID-19; they were just waiting for an excuse to do a massive cash injection without sparking massive backlash and protests.

The new rules against gathering in large crowds are an added bonus; the Fed is not only excused, they are legally protected from any possible backlash.