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and by playing recklessly with interest rates, they inflate assets like stocks and real estate while destroy savings. While making these decisions they decide w
by sumedh 5y ago
and by playing recklessly with interest rates, they inflate assets like stocks and real estate while destroy savings. While making these decisions they decide winners and losers and then privately trade stocks to get rich using insider information.
- johnsolo1701 5y agoBut aren't most Americans' biggest asset their house, aka real estate? And their savings is their 401(k), aka the stock market?
- sumedh 5y agoDoes the US Fed have a some kind of official charter saying that they will keep on inflating assets by keeping interest very very low?