PebHmong Discussion Forum

General Category => General Discussion => Topic started by: hmgROCK on May 29, 2020, 12:00:05 PM

Title: The FEDS printing more money.... ENJOY YOUR FREE MONEY BUFFET..
Post by: hmgROCK on May 29, 2020, 12:00:05 PM
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 (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.
Title: Re: The FEDS printing more money.... ENJOY YOUR FREE MONEY BUFFET..
Post by: hmgROCK on May 29, 2020, 12:02:53 PM
Let them business BANKRUPTCIES
Title: Re: The FEDS printing more money.... ENJOY YOUR FREE MONEY BUFFET..
Post by: theking 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"..
Title: Re: The FEDS printing more money.... ENJOY YOUR FREE MONEY BUFFET..
Post by: darkhelmet 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.
Title: Re: The FEDS printing more money.... ENJOY YOUR FREE MONEY BUFFET..
Post by: hmgROCK 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