[quote=briansd1][quote=paramount]
Yah, because all of those [known] trillions spent by the fed has really been helpful….[/quote]
They kept us out of recession, provided low mortgage rates for people such as flu to enjoy. Large corporations are flush with cash.
The money lent out by the Fed will eventually all be paid back without any loss to taxpayers.[/quote]
Do you really believe this? The fed actions will end up being a cure that was worse than the disease.
Sure, the feds can keep the ponzi scheme going for a long time, but it will end.
As far as keeping us out of a recession, I’m not so sure of that – inflation numbers are phony which makes gdp appear stronger than it actually is – and even if it technically kept us out of recession it wasn’t by much.
You can’t beat the fed they say, but even the fed can’t beat the markets over the long run.
With unemployment/underemployment so high, low interest rates – which can and does have negative consequences – aren’t helping all that much.