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Author Topic: The FEDS printing more money.... ENJOY YOUR FREE MONEY BUFFET..  (Read 608 times)

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Offline hmgROCK

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I say it many times
Just Let them business die
THIS IS CAPITALISM!!!


https://www.cnbc.com/2020/05/29/powell-says-the-fed-is-days-away-from-making-the-first-loans-in-the-main-street-lending-facility.html

The loans will be as small as $500,000 and as big as $100 million, though Powell said “I could imagine us expanding on either end” depending on need.



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Offline hmgROCK

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Re: The FEDS printing more money.... ENJOY YOUR FREE MONEY BUFFET..
« Reply #1 on: May 29, 2020, 12:02:53 PM »
Let them business BANKRUPTCIES



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Offline theking

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Re: The FEDS printing more money.... ENJOY YOUR FREE MONEY BUFFET..
« Reply #2 on: May 29, 2020, 12:06:25 PM »
NOPE, you said, "WISHFUL THINKING" ...which is why Reporter proved you WRONG.. ;D

Plus you also said, "NOTHING IS FREE IN THIS WORLD"..



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Offline darkhelmet

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Re: The FEDS printing more money.... ENJOY YOUR FREE MONEY BUFFET..
« Reply #3 on: May 29, 2020, 02:19:13 PM »
I say it many times
Just Let them business die
THIS IS CAPITALISM!!!

I'll take it if the interest rate was 0-1%.  But the 3%+ on the EIDL loan was a no for me.



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Offline hmgROCK

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Re: The FEDS printing more money.... ENJOY YOUR FREE MONEY BUFFET..
« Reply #4 on: May 29, 2020, 05:22:50 PM »
I'll take it if the interest rate was 0-1%.  But the 3%+ on the EIDL loan was a no for me.

always take the free money even if you don't need it
if uncle sam give....apply for it
ALWAYS

take that money... and use it to buy stock/investment for your company

FOR EXAMPLE:  if someone gives me $5 million loan no interest for 30 years
i would just put that money in my high saving account and eat the interest for 30 years... and give the money back to them




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