Quote:
Originally Posted by sammyg2
The FED is not the cure, the FED is the disease.
Manipulating monetary supply can affect temporary symptoms but they too often over-correct, they tweak, and artificially influence. that is wrong, that is bad.
Our market is designed to be self-regulating and self-adjusting. by manipulating we upset the market and it takes many years to counter. buy that time the socialistic economists (redundant) have already swung the pendulum too far in the opposite direction.
What we end up with is an unstable economy full of swings when it should be stable.
But stability doesn't make wall street rich, swings do.
Stability doesn't make your political opponents look bad, swings do.
And the small time investor/saver pays the price.
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The FED saved your azz so that you could have 7 figures to sell off. You are one of the guys who should be giving em bj' s in gratitude.