PPRuNe Forums - View Single Post - Who will survive this and be here in 6 months ?
Old 25th Mar 2020, 16:23
  #354 (permalink)  
ILS27LEFT
 
Join Date: Aug 2002
Location: Europe
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Government help and QE

I strongly disagree, the truth is that QE and low interest rates have been used and abused by Central Banks for several years and well before COVID-19 and the global economy was still healthy despite QE + low rates.
If what you say is actually true then it will be the end of the world soon which I do not think will be the case.
Governments have no other solution.
Would you stop QE and let millions of people lose their jobs and most companies shut down?
If governments stop all the QE assistance the consequences would be unthinkable. It would probably mean the extinction of human race as our existance is based on the existing economic system unless you can provide a different solution please?
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