This was a another case where Friedman counseled
large open market purchases by the Fed to prop up the economy.
Not exact matches
If you're in the
market for a bunch of new appliances or other big - ticket items, it's common for consumers to walk into a retailer and be offered a discount and a good financing deal on a
large purchase, if they
open a charge or credit card account with that retailer.
When it comes to
purchasing securities traded on an
open market, a decision to invest a
large sum all at once can expose you to the risk of buying at an inopportune time in the
market cycle.