[quote=Rich Toscano][quote=sdrealtor]
The part that I think is hard to argue against is the fed stepping in and bolstering the economy rather than let it crash.[/quote]
That wasn’t the argument though… it was that the Fed would act to prevent a stock market crash, inflation be damned. (Or that’s how I read it anyway).[/quote]
I guess I read it differently and think we will have a Fed actively working to prevent major market and economy crashes for quite some time