It really pisses me off that the Fed is creating more USD a…
It really pisses me off that the Fed is creating more USD and throwing it into the economy.
They are so terrified of letting prices work themselves out that they're willing to actively devalue everyone's cash to save stock prices.
Disgusting.
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What's worse is that they actually think it's the right way to go about facing the bust.
They might as well be putting it in banker's pockets directly.
That's more or less exactly what they're doing, though on a technical level, it's a "loan" to the banks... So the bankers are only "earning" the interest payments on loans they give out to others.
It's so wrong on so many levels.
I'm fine with it!
It is a huge negative for everything. Not sure why you'd be fine with it.