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The government a while back injected TRILLIONS into the stock market in a bid to keep the stock market afloat. Acts like that have gone far to increase the dif
by x86_64Ubuntu 6y ago
The government a while back injected TRILLIONS into the stock market in a bid to keep the stock market afloat. Acts like that have gone far to increase the difference in fortunes between main street and wall street.
- mint2 6y agoI think generalizing to the “government” as a whole is wrong. There’s a clearly define part of the government that is unwilling to do anything. Every effort has died in the senate.
- chordalkeyboard 6y agoThats not the part of government that injected $trillions into the stock market, is it?
- mint2 6y agoThe part that did that has been pleading with congress to do something. They turned the only knob they have. It affected the only thing the knob is able to effect. Why are people acting surprised? They’ve been clear it’s not a great solution and that Congress needs to do something. That their knob is not the best solution but they’ll do what the best they can.
- chordalkeyboard 6y agoThe alternate perspective is that injecting trillions of dollars into the market has benefitted the wealthy at the expense of the rest of us.