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OscarCunningham
2286 days ago
By making lending to the closed businesses so attractive that they can stay open over the course of the quarantine. (Likewise people can stay fed.)
1 comments
onlyrealcuzzo
2286 days ago
But that's not what this is doing at all. This is keeping existing corporate debt artificially priced.
Unless they lower rates to negative, new debt isn't getting any cheaper.
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Unless they lower rates to negative, new debt isn't getting any cheaper.