The fed has made it clear that they’re going to do whatever it takes to keep stock prices from falling. At least until November. If they try to do this indefi

The fed has made it clear that they’re going to do whatever it takes to keep stock prices from falling. At least until November. If they try to do this indefinitely, and just keep printing money to inflate asset prices no matter the consequences, then eventually they will cause the value of the dollar to fall, which will cause international organizations to reduce their dependence on the dollar, which will cause the value of the dollar to fall more, and so on until we lose our position as the reserve currency. There is no free lunch. All this short term thinking eventually has a cost.