SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 679.70+0.7%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
GROUND ZERO™
To: Kirk © who wrote (70422)4/22/2015 2:06:29 PM
From: Seismo1 Recommendation  Read Replies (3) of 219393
 
"Without the Fed's actions, we probably would have had breadlines, riots and incredible social upheaval... so yes, their actions kept the markets from crashing."

Kirk,

Yes, having caused the financial crisis to begin with, the Fed's actions in the 6 months to a year following the crisis were probably warranted. BUT, not the 6 years of QE after the initial crisis was dealt with. QE is great for inflating financial assets. It is horrible at generating real economic growth.

And it is a shame that the Fed created conditions whereby it is more constructive for corporations to repurchase shares( I agree with you there) rather than invest in an expanding economy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext