3 ms·
For better or worse there has never been a time in recorded history with a “free market”. Money is simply a “social technology”(1). The goal of money ultimately
by adaisadais 7y ago
For better or worse there has never been a time in recorded history with a “free market”. Money is simply a “social technology”(1). The goal of money ultimately is to promote stability and freedom (1).
In this case, the Fed is using Quantitative Easing (QE) to promote stability within the market. This should have a network affect throughout global markets. Hopefully this will stop the bleeding.
Regardless, buy buy buy.
(1) https://www.google.com/amp/s/www.nytimes.com/2014/04/13/books/review/money-by-felix-martin.amp.html https://www.google.com/amp/s/www.nytimes.com/2014/04/13/book...