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If it looks like either the stock market or the housing market is about to crash, the fed will print unlimited amounts of money to prevent that. The only probl
by titzer 5y ago
If it looks like either the stock market or the housing market is about to crash, the fed will print unlimited amounts of money to prevent that.
The only problem is that the rational action with that knowledge is to buy in as soon as possible, with all your cash, thereby making the bubble even bigger. It's a death spiral of inflation.
- Xcelerate 5y agoI agree. Also sounds like a great way to transfer more wealth from the poor to the rich considering only the rich have the ability to quickly funnel most of their wealth between different types of investments.