Opinion | Let the Fed Administer an Antiviral Shot

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From WSJopinion: An emergency lending program from the Federal Reserve would keep a liquidity crisis from turning into a solvency crisis, writes Kevin Warsh

The policy pronouncements and tools used in 2008 by Federal Reserve Chairman Ben Bernanke and his crisis-fighters weren’t designed to address the current threat. Yet Chairman Jerome Powell fired a 2008-style barrage Sunday evening.

 

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opinion Solvency is Wall Street's problem. The American people need a cash bailout. Big firms that were not prepared for a crisis should go out of business. stocks coronavirus

opinion Zero interest, or negative interest?

opinion Biological virus: Coronavirus COVID19 Computer virus: Cyber attack on financial markets WallStreet Getting it on both ends. We will prevail. How does this compare to the markets after 9/11?

opinion Why 'lend' people money? Give it to them. They'll buy food & pay rent, utilities, phone bills, etc., putting it right back into the economy.

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