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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%4:00 PM EST

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To: Fiscally Conservative who wrote (44994)1/31/2013 12:12:59 AM
From: Kirk ©1 Recommendation  Read Replies (2) of 220689
 
I disagree.
So in essence, the taxpayer is bailing out the banks!
ONLY savers are hurt by low rates.

Taxpayers are getting saved from higher taxes to support the deficit spending. Most tax payers are not savers...

Printing money dilutes its value, thus a tax on savers.

If the Fed let rates float to market value and didn't print money... tax payers would have to pay triple taxes or lose their jobs as we plunge into a deep recession.

Savers and bears HATE the Fed because they were sitting in cash rather than equities and other risk assets. so they financed the bailout...

Those of us who were smart, saw what was happening and diversified so we had cash to use in market crashes AND significant funds in risk assets like stocks have done great since the return on our risk assets has crushed the losses to inflation adjusted returns on our "safe assets" like CDs and USTs.
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