Showing posts with label stock market crash. Show all posts
Showing posts with label stock market crash. Show all posts
Thursday, June 15, 2017
Saturday, August 16, 2014
Why The Fed Can't, And Won't, Let The Stock Market Crash
http://www.zerohedge.com/news/2014-08-16/why-fed-cant-and-wont-let-stock-market-crash
The Fed hasn't made the world a better place with its interventions. It has created moral hazard, encouraged the formation of asset bubbles that eventually pop (leaving economic messes), widened the wealth inequality gap to record levels, discouraged savings and investment, severely penalized retirees on fixed incomes, encouraged spending, funded massive government deficit spending by monetizing the debts, lengthened the recession and likely reduced the number of jobs that would have been created if the economy had been allowed to take its normal course. Eventually the Fed's policy interventions will also have created debilitating, widespread consumer inflation, the "cruelest tax" against the poor and middle classes.
Labels:
Fed Can't,
Let,
stock market crash,
Won't
Tuesday, June 4, 2013
Thursday, April 11, 2013
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