|
|
|
|
|
|
by gruez
2136 days ago
|
|
|
>The stock market recovery is not due to the government "buying the stock market" because they never did that Whether they directly bought stocks is irrelevant because money's fungible. They injected trillions of dollars into the economy[1]. If that drove institutional investors to stocks from treasuries/bonds (in search of higher returns), the effect is identical to them buying stocks directly. [1] https://www.federalreserve.gov/monetarypolicy/bst_recenttren... |
|
|