How the Fed Bailed Out the Investor Class Without Spending a Cent

[FAH1223]

 

[ogc163]

I have a status quo bias when it comes to the fed. Progressives and Goldbugs crying about them irks me. They have been doing a great job. But Jerome need to make it rain so the hood can eat too.

 

[AnonymityX1000]

I have a status quo bias when it comes to the fed. Progressives and Goldbugs crying about them irks me. They have been doing a great job. But Jerome need to make it rain so the hood can eat too.

Fed Chair was on 60 Minutes recently and was like Congress please pass some legislation so that I can print and give away some money to regular people. He only has the authority to loan money not straight up give it away, he needs Congress' help. And the Dems/Nancy Pelosi are asleep at the wheel.

 

[FAH1223]

Fed Chair was on 60 Minutes recently and was like Congress please pass some legislation so that I can print and give away some money to regular people. He only has the authority to loan money not straight up give it away, he needs Congress' help. And the Dems/Nancy Pelosi are asleep at the wheel.

Congress could just change the law and let the Fed hand out helicopter money to people.

 

[Swirv]

Fed Chair was on 60 Minutes recently and was like Congress please pass some legislation so that I can print and give away some money to regular people. He only has the authority to loan money not straight up give it away, he needs Congress' help. And the Dems/Nancy Pelosi are asleep at the wheel.

Let it rain, inflation is still in check.

 

[hashmander]

i think the key part and why this won't register for most people is the "without spending a cent" part. there is a lot of shyt they would do for the people if they didn't have to spend a cent.

 

[Pressure]

Fed Chair was on 60 Minutes recently and was like Congress please pass some legislation loso that I can print and give away some money to regular people. He only has the authority to loan money not straight up give it away, he needs Congress' help. And the Dems/Nancy Pelosi are asleep at the wheel.

 

[GnauzBookOfRhymes]

The game don't stop.

And honestly it won't end until, as history has shown us time and time again, that people begin to contemplate "extrajudicial" measures to counter what they see as the capture of the government.

 

[GnauzBookOfRhymes]

i think the key part and why this won't register for most people is the "without spending a cent" part. there is a lot of shyt they would do for the people if they didn't have to spend a cent.

No. Don't get caught up in the technical details. This isn't actually about inflation, quantitative easing, distressed debt blah blah blah. This is just a way to distract attention from the underlying motivation and ideology - which is actual contempt for the working class/poor.