/biz/ - Business & Finance

[Anonymous No.12704746]

>Eurozone about to enter another recession
>Central banks haven't raised interest rates above zero percent

If the Fed doesn't have the necessary tools to respond to the next downturn, are we looking down the barrel of a second Depression?

[Anonymous No.12704790]

>>12704746
No it won’t be second. It will be by far the worst and greatest in history, and a world war with far greater casualties than WW2 will follow

[Anonymous No.12704871]

>>12704790
Thank god please let it happen.

[Anonymous No.12704889]

>>12704746
>a second depression
>implying we're not in one
>implying the second depression dint start in 2006

[Anonymous No.12704907]

>>12704746
Crazy concept: the Fed was never supposed to do anything, le

[Anonymous No.12704936]

>>/x/
>>/x/
Reminder Sage and hide all doomsday threads

[Anonymous No.12704942]

>>12704746
Already zero interest rates means they can only go to negative interest rates. Banks will pay you to have a mortgage. Sounds good until people with credit just starts buying up house after a house causing the housing market and rent to skyrocket and people with bad credit ends up living in the sewers.

[Anonymous No.12705008]

>>12704746
Ofc they have the tools : print free dollars.
Free dollars for everyone

[Anonymous No.12705061]

>>12705008
No dollars are free.

[Anonymous No.12705641]

>>12704746
>Central banks haven't raised interest rates above zero percent
Except, you know, the Fed raised interest rates multiple times last year. Also, negative interest rates are a thing that can happen.