Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

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Kirk ©

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To: Kirk © who wrote (1834)	8/29/2014 11:01:23 AM
From: the traveler	2 Recommendations of 26602

Kirk i agree with you completely regarding the Fed preventing another great depression. A big problem with about any discussion of the pros and cons of the Fed is that probably 95% of the American people (any probably more) do not have the slighest notion what the Fed is or what it does and why. Don't get me wrong though, no one dislikes the Fed or believes it is more corrupt than I do. However, given the circumstances in late 2008, I also have no doubt that Fed action prevented a depression. Now the real tricky part is understanding the what, why, and who that led to such dire conditions in the first place. roflol

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