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The United States is basically a command economy now. They pretend it is capitalist country, but capitalist countries print 13 trillion dollars in just over a year out of thin air?
Why don't they just print more money and make the economic recovery much stronger?
Why not just keep the zero-interest rate policy forever so they can borrow on margin to invest?
Interesting, how they are completely helpless and all they can do is print money out of thin and keep their near zero interest rate policy.
They could send equities to the limit if they wanted if they made money out of thin air and sent it to investors.
That 13 trillion printed was just thru middle of 2021.
It's fairly easy to have the strongest economic track record when the government creates 13 trillion out of thin air.
The stock market is surging in Turkey, while much of the country can't even buy a loaf of bread.
At one point, the stock market was an indicator of the state of the economy for the "common man." That is no longer the case. It's as fake as the US dollar is right now. It won't go on forever because it's going to hit the fan at some point--both the stock market and the dollar. And I hope people out there are wising up and have collected up some assets by that point which will be worth something when the dollar isn't.
I’ve stated this before, it’s a final hurrah, it’s “you can order any Meal you want before the execution”. It’s “I’m going to file bankruptcy and die anyhow I might as well max out all the credit cards”. That is literally what’s going on with this country.
Throw-in the whole shammery of policies/money-flinging that started during the
"great recession", there you go, the current, all around financial-mess we have and
will have, for the foreseeable future.
If Fannie and Freddie was to go poof, that 400k home would quickly be worth a lot less, 150K at best. But, but, I thought the USA was a free-market society, LOL, no.
I’ve stated this before, it’s a final hurrah, it’s “you can order any Meal you want before the execution”. It’s “I’m going to file bankruptcy and die anyhow I might as well max out all the credit cards”. That is literally what’s going on with this country.
Throw-in the whole shammery of policies/money-flinging that started during the
"great recession", there you go, the current, all around financial-mess we have and
will have, for the foreseeable future.
If Fannie and Freddie was to go poof, that 400k home would quickly be worth a lot less, 150K at best. But, but, I thought the USA was a free-market society, LOL, no.
The current amount that the Federal Reserve has GIVEN Fannie and Freddie that may never be paid back (they can just erase that at any time as the debt isn't actually owed to anyone, it's just excess printed money), to date, is $2.635 trillion. Prior to late January, 2009, that wasn't even a line item on the H.4.1, meaning that the Federal Reserve had not given Fannie and Freddie a dime up to that point.
At one point, the stock market was an indicator of the state of the economy for the "common man." That is no longer the case. It's as fake as the US dollar is right now. It won't go on forever because it's going to hit the fan at some point--both the stock market and the dollar. And I hope people out there are wising up and have collected up some assets by that point which will be worth something when the dollar isn't.
And then of course the Leftists will blame Trump.
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