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Politics : Formerly About Advanced Micro Devices
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To: sylvester80 who wrote (1129003)4/8/2019 3:11:05 PM
From: RetiredNow1 Recommendation

Recommended By
isopatch

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Well, I've been saying this for years. QE is a Communist Central Planner's idea of how to implement Utopia. QE is nothing more than MMT, which AOC loves so much. QE and low interest rates in the real world are nothing more than financial repression designed to recapitalize the big banks at the expense of savers. The Fed accomplish that very well. The TBTF banks are fully recapitalized and the savers have paid a high price to get that done. The Fed is now in a trap of its own making. It can't complete QT and it will likely go to negative rates during the next recession. The financial repression will never end now, because the Socialists and Economic Marxists that infest the Fed and our government won't allow it to end. Capitalism is on its last breath even as we speak. You should be very happy. You will get what you want. I just hope when you are drinking the Champagne at your celebration party, you finally realize that turning the US into Venezuela was a horrible mistake. Maybe then, you'll realize that the root cause of the problems in this country wasn't Capitalism, but corruption and politician incompetence.
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