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There is not reason why the Federal Reserve can't do the same that the Bank of Japan if they choose so.
by RobertoG 6y ago
There is not reason why the Federal Reserve can't do the same that the Bank of Japan if they choose so.
- thoughtstheseus 6y agoSure but the Fed should not be buying REITS and equity markets. I don’t think people realize how damaging it would be to the country long-term. Financial Engineering can smooth economic cycles but real forces determine LT growth rates. The Fed knows this and has been asking for fiscal support.