And more money injected into China banks last night.
It is absolutely fu*king amazing what every market around the world does to keep their economies and markets propped up. Just keep printing money and magically that solves all problems. Why dont they just print the fu*king money and hand it out to the people. Just hand trillions and trillions to every single human on earth...who cares about inflation or economics 101. Just keep printing and printing and printing.
Stock prices rebounded around the world on Tuesday, as China’s central bank moved to prop up its banking system in the face of the coronavirus outbreak.
The People’s Bank of China on Tuesday said it had injected 500bn renminbi ($71.5bn, £55bn) into China’s banking system to support liquidity “during the period of epidemic prevention and control.” The injection follows a $172bn stimulus package on Monday, aimed at supporting the country during the deadly coronavirus outbreak.
It is absolutely fu*king amazing what every market around the world does to keep their economies and markets propped up. Just keep printing money and magically that solves all problems. Why dont they just print the fu*king money and hand it out to the people. Just hand trillions and trillions to every single human on earth...who cares about inflation or economics 101. Just keep printing and printing and printing.
Stock prices rebounded around the world on Tuesday, as China’s central bank moved to prop up its banking system in the face of the coronavirus outbreak.
The People’s Bank of China on Tuesday said it had injected 500bn renminbi ($71.5bn, £55bn) into China’s banking system to support liquidity “during the period of epidemic prevention and control.” The injection follows a $172bn stimulus package on Monday, aimed at supporting the country during the deadly coronavirus outbreak.
, I am so smart SMRT