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in a MAJOR intervention into financial markets, the Fed will inject $1.5 TRILLION dollars.
The total amount of student debt in the US at the end of 2018 was $1.47 trillion. We could have erased every penny of it just as easily as they did this right now.
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BREAKING: in a MAJOR intervention into financial markets, the Fed will inject $1.5 TRILLION dollars. It’s a move designed to prevent a sharper economic contraction than what may already be underway. https://www.wsj.com/articles/fed-to-inject-1-5-trillion-in-bid-to-prevent-unusual-disruptions-in-markets-11584033537 …
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