"Ben Bernanke's Fed" Dewaine Dimps's Perspective
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Wizard364 hit the nail on the head. If help does get to main street it will be too late for most. How much sense is it to make sure that the financial institutions are propped up when the economy is driven by consumer spending which the housing market is a huge part of, but leave out people, who do the spending but can't do that cause they don't have jobs that can sustain spending and debt servicing? Run on sentence I know but I needed to state the point that way.
msfullroller 3 years ago
This financial policy is insane and will only lead to more debt along with skyrocketing inflation, lower consumer spending, businesses in bankruptcy, and higher unemployment. The Fed and their bankster buddies however will do very well indeed and THAT is the entire purpose of this policy. It's not about main street it's about keeping a few criminal bankers on easy street.
Wizard364 3 years ago