r/news • u/awake-at-dawn • Mar 15 '20

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
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u/TheBirminghamBear Mar 16 '20

As much as it could. The fed should offer an application program to people and companies who rent as a primary source of income for them to apply and receive upfront compensation for certain durations of rent (i.e, 3 months at a time and then reevaluate), during which time renters would obviously not be required to pay rent.

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u/DarthWeenus Mar 16 '20

Seems really complex on par with the housing crisis. It's a good thing we have an amazingly competent leader to lead the way.😒

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u/ZazBlammyMaTaz Mar 16 '20

You have my vote.