They probably did it because their financial system is on life support and they needed an excuse. The only way for them to continue to stay in power is with something that has even more control over us. Like Chinas social credit surveillance for example + a 100% digital currency. And also a much lower global population obviously.
They did not shut down the global economy because of a virus.
- Thread starter Joh17
- Start date
Without Fed printing stocks would have crashed a long time ago. Eventually though it leads to the dollar crashing and hyperinflation.
]2epo]v[an
Banned
Anyone can see the hyper inflation at any grocery store.
Kamala Trump
Verified User
the other 99.9%.
Kamala Trump
Verified User
yes, jack the willfully idiotic.
The economy is more than just the wealthy.
Lightbringer
Loves Me Some Souls
No shit dumbass.
Good article
https://www.zerohedge.com/economics...t-central-banks-keep-shooting-themselves-foot
"Have central banks reached the end of the road?
Just read what Bill Dudley, the former president of the New York Fed, wrote in Bloomberg a couple of weeks ago. He warns that central banks have run out of firepower, and he warns that the side effects are getting worse. I agree with every word. That is the most dangerous effect of the past thirty years of monetary policy: Debt levels have constantly been building up, and so have the instabilities in the financial system.
Jerome Powell has tried to normalize monetary policy, but he had to stop after a market panic in late 2018. Is the Fed hostage to financial markets?
This is exactly my definition of the debt trap: Central banks know they can’t leave interest rates as low as they are, because they are inducing still more bad debt and bad behavior. But they can’t raise rates, because then they would trigger the very crisis they are trying to avoid. There is no way out but to keep doing what you are doing, but by doing that, you are making it worse."
https://www.zerohedge.com/economics...t-central-banks-keep-shooting-themselves-foot
"Have central banks reached the end of the road?
Just read what Bill Dudley, the former president of the New York Fed, wrote in Bloomberg a couple of weeks ago. He warns that central banks have run out of firepower, and he warns that the side effects are getting worse. I agree with every word. That is the most dangerous effect of the past thirty years of monetary policy: Debt levels have constantly been building up, and so have the instabilities in the financial system.
Jerome Powell has tried to normalize monetary policy, but he had to stop after a market panic in late 2018. Is the Fed hostage to financial markets?
This is exactly my definition of the debt trap: Central banks know they can’t leave interest rates as low as they are, because they are inducing still more bad debt and bad behavior. But they can’t raise rates, because then they would trigger the very crisis they are trying to avoid. There is no way out but to keep doing what you are doing, but by doing that, you are making it worse."
Have you met Hawkeye? You two should get along great. As for us sane people, your simplistic economic analysis misses the mark by a mile. The Fed is not 'printing stock'. The role of a central bank is to set fiscal policy to mitigate inflation and unemployment and encourage growth. Every action they take should be evaluated against that metric. Your argument is completely simplistic.
Shhhh, Glenn Beck and the like have been implying for years that anytime a Democrat takes office that the Federal Reserve has a printing press in their office and they are literally printing out dollars, sounds absurd, but it is the understanding many of them have, don’t ruin their day
I doubt i wrote that FED prints stocks.
10 000 posts and you are not aware that U.S is in a debt trap?
From an interview with William White at bank of international settlements BIS
"Central banks know they can’t leave interest rates as low as they are, because they are inducing still more bad debt and bad behavior. But they can’t raise rates, because then they would trigger the very crisis they are trying to avoid. There is no way out but to keep doing what you are doing, but by doing that, you are making it worse.
Have central banks reached the end of the road?
Just read what Bill Dudley, the former president of the New York Fed, wrote in Bloomberg a couple of weeks ago. He warns that central banks have run out of firepower, and he warns that the side effects are getting worse. I agree with every word. That is the most dangerous effect of the past thirty years of monetary policy: Debt levels have constantly been building up, and so have the instabilities in the financial system."
I doubt i wrote that FED prints stocks.
10 000 posts and you are not aware that U.S is in a debt trap?
From an interview with William White at bank of international settlements BIS
"Central banks know they can’t leave interest rates as low as they are, because they are inducing still more bad debt and bad behavior. But they can’t raise rates, because then they would trigger the very crisis they are trying to avoid. There is no way out but to keep doing what you are doing, but by doing that, you are making it worse.
Have central banks reached the end of the road?
Just read what Bill Dudley, the former president of the New York Fed, wrote in Bloomberg a couple of weeks ago. He warns that central banks have run out of firepower, and he warns that the side effects are getting worse. I agree with every word. That is the most dangerous effect of the past thirty years of monetary policy: Debt levels have constantly been building up, and so have the instabilities in the financial system."
Yes, that's exactly what you posted. Don't you read your own posts? LOL at you. No we are not in a debt trap. There is no such thing, it's made up bullshit. But go ahead and tell me why Central banks have 'run out of firepower'. Be specific. Are you talking about their ability to reduce interest rates? Their ability to control inflation? Their ability to impact growth? What 'instabilities' are present in the financial system. Again, please be specific so we have something to talk about. Don't tell me what Bill Dudley said. I don't care. I want YOU to explain your position to me. I'm guessing you are clueless.
Kamala Trump
Verified User
but they're not that responsible, polyanna. they're malicious actors.