Official live update of spread of COVID19

[arewethereyet]

Questions for people who know more about this than I do (i.e. everyone):

I just read that the US Federal Reserve is going to pump 1.5 TRILLION dollars into financial markets to get people to calm the fuck down. Is this real money, or some sort of jiggery-pokery with balance sheets?

If it’s real, actual cash, what happened to the we-can’t-afford it argument when it comes to spending on things like healthcare and public assistance?

If it’s simply accounting magic, how is it going to actually help?

Please keep your answers short and use small words. Pretend I’m Trump.

Boru

Money fixes everything.  Donald doesn't know what else to do so he is going to move money around to make it look like he's doing something helpful.

Whatever he does will be as big a help as the $300.00 Bush had sent out to people in 2001.