That's because it's not a monetary policy problem, but a fiscal policy problem. ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		RobertoG on March 3, 2020 \| parent \| context \| favorite \| on: Fed cuts half point in emergency move amid spreadi... That's because it's not a monetary policy problem, but a fiscal policy problem. If you insist in fixing your home with your car jack, don't complain about the results.

cm2187 on March 4, 2020 [–]

Worthwhile read:

https://www.business-standard.com/article/finance/can-banks-...

speedplane on March 4, 2020 | [–]

When we design policy around increasing the value of the stock market, we effectively give stock-holders power. Good policy should create efficient markets, not "high value" ones.

Consider applying for YC's Summer 2026 batch! Applications are open till May 4
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact