Posted 5 years ago on Aug. 25, 2014, 4:56 p.m. EST by Ihippy
This content is user submitted and not an official statement
LMAO!! articles about the Fed, no older than 2 days, have already closed comments. No doubt, since everyone, even the idiots, now understand the Fed is simply printing money for the banks. People may not understand that the purpose is to maintain artificial/inflated asset values, but they know it isn't helping them.
Take away the 300 billion of QE from GDP growth at the end of this year (or total QE $s printed) and you'll see we are actually still in a recession. In fact, every year since the recession, QE $s have exceeded GDP growth. The entire recovery is a fraud. Politicians protected WallSt & the Fed last time around. This time, the politicians don't even hold credibility. Will the next recession cause the US to become completely unglued? At this point, I almost wish it so.
We make this world go-round. We are the supply-&-demand and you kicked us out of the loop. Too bad you can't eat grandeur! lol. Idiots.