The FED felt like it was their mandate because of the pandemic to create a BUBBLE in the stock market that was totally disconnected from the economy and reality.
They used Trillions in Taxpayers $ to do so and force savers to take risks. If the market crashes al is wasted
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Time will tell and I totally agree the Fed is first and foremost to blame but how many people on Fintwit also kept asking the government and fed to pump last year? I remember David Hunter (who blocked me) kept saying last March that the Fed needed to print ...................
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If it wasn't for the bailing out of the market therein "socializing it" we would have had another 2008 scenario. Reckless decisions mainly into the pockets of the wealthy and now it's all propped up by fake growth.
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