"There is this undercurrent of unrest and dissatisfaction. The excesses are in your face about how the wealthy live their lives. I think the Fed is going to be forced to not come to the rescue of the economy for the first time in 40 years."
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After Jan 6 it couldn't be clearer America doesn't have another 'elite bailout' left in the tank. Doing so, frankly, could turn dangerous.
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just the wealthy?just past through town;every restaurant slammed with vehicles.they cant all be wealthy;seems the word as a bit relative in ones own mind?there are more people on the road too,the lines of traffic are much longer at lights.
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Well if the stock market is cut in half, and 90% of stocks are owned by the top 10%, I'm okay with that.
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They are motivated to protect their own swollen portfolios. Rescuing anyone other than their banker patrons not really a priority. They are now looking for any straw that helps them kick the can down the road.
They are very close to a dead end, my personal belief.
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Maybe it’s because they’ve left themselves no alternative but to combat inflation; an equally important part of their statutory obligation. If congress cares, it can change that authorization. The Fed has been an agent of destructive policy.
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I hope your right Danielle, however i don’t think they can help themselves.
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