A trillion dollars is incomprehensible. It might as well be the same as a gazillion. It’s almost meaningless unless you’re talking about our deficit
Posts tagged as “gdp”
In my opinion, the Feds lowering or raising of their rate to banks is more symbolic than the impact it has on the economy. I'm not saying this activity doesn't have an impact, financially, I'm saying it also has a psychological impact as well, that extends beyond the banking system.