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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (1118173)	2/17/2019 4:45:29 PM
From: RetiredNow	Respond to of 1573891

I don't doubt it. The Fed has held interest rates too low for too long and they've allowed their balance sheet to get too big and the markets to become too dependent on QE/money printing. Then when the economy started to falter, Trump and Congress unleashed a massive tax cut, which pushed the excesses even further. At the end of the day, Keynesianism and all the charlatan economists, Fed members, Congress, and the White House can fool people into thinking they can repeal the business cycle, but they can not. All they can do is keep giving the heroin patient more and more, until the crash comes. The more they try to delay the down cycle, the worse the eventual crash will be. It's inevitable. The next one will be another 50% drawdown or more. But I bet when we start to see it go down, the Fed unleashed more QE. They are already starting to talk about it. And guess what QE does? It makes the 1% even richer, but it does NOTHING for the real economy where the 99% live, which means the inequality will get bigger and bigger and bigger, until the Democrats are elected and they bring us Socialism, not realizing that it was the Fed and the corruption that created all the problems and the Socialism will calcify it and make it worse. Now are you starting to understand why I am neither Republican nor Democrat? Both parties are hell bent on our destruction. Republicans will do it with tax cuts and military aggression and spending and Democrats will do it with welfare, taxing us to death, Socialism, and also military aggression. Either way, this country has already seen its best days.