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


To: golfer72 who wrote (1488409)9/23/2024 11:31:49 AM
From: Real Man1 Recommendation

Recommended By
Fiscally Conservative

  Read Replies (1) | Respond to of 1577883
 
Yes, a vibrant bubble market including crypto mania, from tax cuts and printing, the printing and banks bailouts started in 2008 under Bush Jr., continued under Obama, then Trump, then Biden. No US President deviated from it. The bubble economy of servicing loans funded by the printing press and raping people by loan sharks. Guess what, when people get financially raped with bankruptcy someone else renegotiates that fat 30y notional value and gets paid part of it while the Fed prints up the difference because banks can’t fail.
That’s the services in a nutshell, stocks are soaring because the Fed is printing money, and Wall Street are the prime beneficiaries of the Fed printing press. You print money and produce nothing you get inflation, first stock market inflation, then everything else if stocks are not allowed to drop. Why not start another meme coin if people keep paying for it? Is it a coincidence the ceos of 2 largest crypto exchanges are doing time in prison? They just tried to redirect that printed money into their own pockets bypassing Wall Street.