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


To: Tenchusatsu who wrote (1302796)6/4/2021 4:17:49 PM
From: Rarebird  Read Replies (1) | Respond to of 1578101
 
Don't be so naive. The Fed provided massive liquidity through QE and provided support for the stock and bond markets, which were beginning to implode.

As for the ongoing extended unemployment benefits, it is good that lower wage workers should have some leverage in dealing with companies. Now they are getting in many instances bonuses to return to work.

Inflation is primarily the expansion of the money supply and good for rising equity prices as the best hedge.