I think it is more psychological than anything. But there is concern more money will be put in euro reserves than in dollar reserves.
I think it is more psychological than anything, ... But there is concern more money will be put in euro reserves than in dollar reserves.
When risk aversion is declining, money will flow out of the safe-haven Treasury market into riskier assets, ... High-yield bonds have increased in price in the past week; holders of junk bonds are doing well right now.
The money channeled from failed industries to small businesses would be taxed at higher rates, and that would be harmful to the economy,
Any money given to seniors probably would get spent and therefore help the economy.