Fed buys $1T of Treasury, mortgage assets

[MetKiller Joe]

I thought rossmum meant that the Australian gov't will establish this legislation, which didn't make sense, why would you disincentivize work?

I know about the legislation for bonuses here in the US; I don't necessarily agree with it, but, as I said before, I don't really see why giving out money to banks is necessary in the first place if nobody wants to loan right now.

Metkiller, did you actually watch that video? It basically ripped the idea to shreds.

Which idea? The point of the video is that government deficit spending doesn't fix recessions, it makes them worse.