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So no, we are not at the reversal rate, and we are certainly not at the lower bound rate. If in the future it is necessary for the purpose of dealing with the risks at the time to address that, we will do so. Point, i think ive dealt extensively with these issue limits. All i have to say at the moment is that we will use all excess abilities in the framework of our Asset Purchase Program. There in mind, by the way bear in mind, by the way, to this person on the line, that we are likely to see increased debt issuance on the part of a few countries, if only to deal with the fiscal resources, but they will have to mobilize in order to put in place the Health Care System that will be needed to respond to the spreading of the disease. That is also a factor to have in mind. Let me ask you a question about the timing of your decisions. When did you realize that this situ ....
Sheet of toilet paper will cost more than 1. 00 and that point is rapidly approaching they can air drop all the money they want and all theyre going to do is cause more dislocation especially with the cantillon effect so youll have toilet paper barons like Warren Buffett will be sitting on a warehouse with 50000. 00 rolls of toilet paper and hell be out there laughing like i tried a wife now america and america be like hes a genius for hoarding all the toilet paper he took billionaire toilet paper and then the big billionaire is going to be like were not going to lend you money to bail out your banks member i predicted this a few years ago when they ultimately need the bailout money theyre going to come to the bitcoin billionaires and the big point billionaire just say no as libertarians quote unquote we believe you need to learn how to manage yourself better so were not going to bail out j. P. Morgan or wells fargo or h. S. B. C. ....
Wells fargo on fire of course that means were going to be speaking in the 2nd half to Alex Schaefer of burning bank fame so thats one of his works that hes working on right now but in terms of this pandemic and the day globalization that we see about it of course this is something that report has been warning essential a about this crisis for the past 10 years weve said all of this just in time globalization would basically cause us to be very fragile when one thing goes wrong it all falls apart and weve seen that weve seen that with now the medical supplies all those masks are made in china antibiotics are made in china vitamin c. Is made in china all sorts of pharmaceuticals are made in china and they have the monopoly on it so fears of a supply shock are rattling stocks and Global Markets as well outbreak continues investors are more used to dealing with the occasional thre ....
Morgan and jamie diamond thats no good prices they wont be able to make money and theyre the ones behind the electronic food stamps right those are all jamie diamond so now thats going to go wide jamie diamond food rationing coupons of course the supply shock is being met with a supply of more cash everywhere you look hong kong was giving citizens or residents 10000. 00 hong kong dollars i know in china they were giving the equivalent of 1500. 00 as well to any citizen or resident of han who self reported coronavirus and in fact did have it so they were encouraging people to come forward and not hide amongst the population and in order to get them to stop so they were there was air drops there and in terms of the u. S. Of course were already seeing that as guaranteed almost that theres going to be a rate cut in march and theres going to be you know this month and then theres going to be a rate cut to. By the end of the year so were going to going to 0 the treasury yields are obviously ....
Way of dealing with supply shortages and in the case of medicine and food probably rationing tickets to buy j. P. Morgan and jamie diamond thats no good prices they wont be able to make money and theyre the ones behind the electronic food stamps right those all jamie diamond so now thats going to go wide jamie diamond food rationing coupons of course the supply shock is being met with a supply of more cash everywhere you look hong kong was giving citizens or residents 10000. 00 hong kong dollars i know in china they were giving the equivalent of 15 100. 00 as well to any citizen or resident of han who self reported coronavirus and in fact did have it so they were encouraging people to come forward and not hide amongst the population and in order to get them to stop so they were there was air drops there and in terms of the u. S. Of course were already seeing that as. Guaranteed almost that theres going to be a rate cut in march and theres going to be you know this month and then theres ....