James Altucher Wonders If Pumping Money Into The System Works

When the government pumps money into the system does it solve the problem? The federal reserve has become more sophisticated over the last couple decades with how they help the economy.

They used to just cut rates but after 2008, they started encouraging banks to have extra reserves and buying mortgage-backed securities. If nobody is buying goods, no stimulus can help the economy. People have to spend money.

Commercial real estate is getting hit hard. What else may go out of business? Minimalism has been on the rise and the coronavirus has given it a boost.

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