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I think the fed has been dumping billions into the market and keeping interest too low just to keep the stock market stable and rising. If a Republican is elected in 2016 the fed will change this policy the next day and raise interest rates.
I think the fed has been dumping billions into the market and keeping interest too low just to keep the stock market stable and rising. If a Republican is elected in 2016 the fed will change this policy the next day and raise interest rates.
Why would they do it if a Republican is elected? The Fed doesn't answer to the presidents. It's the other way round if anything.
I think the fed has been dumping billions into the market and keeping interest too low just to keep the stock market stable and rising. If a Republican is elected in 2016 the fed will change this policy the next day and raise interest rates.
They screwed us over under Bush also, so why do you believe this?
Wealth did rise. As you can see from my link average wealth is at all time high, and it is common sense the biggest part has gone to those who already had assets, while those with no assets went nowhere. Many middle class people even lost the assets (houses / equity) during the crash, so nothing about the median numbers is surprising. I believe it will improve though as people rebuild their assets.
You're not displaying any common sense here. You didn't process the information in that article and take it to the next level. The median dropped dramatically. That's what matters.
You're not displaying any common sense here. You didn't process the information in that article and take it to the next level. The median dropped dramatically. That's what matters.
I processed it just fine, and you can too if you try.
I processed it just fine, and you can too if you try.
The 1 percent is doing better while the middle class as a whole is taking a huge step backwards and you think thats a good sign. Keep posting its good for a laugh.
The 1 percent is doing better while the middle class as a whole is taking a huge step backwards and you think thats a good sign. Keep posting its good for a laugh.
I have explained why people with assets are doing well, and I have explained why many in middle class are hurting, and why it will continue to be the case for years to come. If you do not agree, then don't, but don't embarrass yourself by trying to get personal with me. It shows immaturity.
I have explained why people with assets are doing well, and I have explained why many in middle class are hurting, and why it will continue to be the case for years to come. If you do not agree, then don't, but don't embarrass yourself by trying to get personal with me. It shows immaturity.
The government shouldn't be picking winners and losers.
The government shouldn't be picking winners and losers.
The fed is not the government
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Keep posting its good for a laugh.
