All the handwringing for 10 years of medicare for all, given to Wall Street in a month...

submitted by magnora7 from i.redd.it

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[–]FormosaOolong 5 insightful - 3 fun5 insightful - 2 fun6 insightful - 3 fun -  (5 children)

seriously. this is enraging.

[–][deleted]  (4 children)

[deleted]

    [–]magnora7[S] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (3 children)

    Overnight loans at 0% interest. AKA free short-term money.

    And if they don't pay that back, it's okay, the gov't will bail them out.

    So really, it's free money.

    [–][deleted]  (1 child)

    [deleted]

      [–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

      https://www.zerohedge.com/markets/fed-panics-powell-cuts-rates-zero-announces-700bn-qe5-unveils-enhanced-global-swap-lines