#qe #federalreserve #nationaldebt #deficits #wealthdistribution #bailouts #economy #gdp #recession #stockmarket #stimulus #inflation
Today I look at how the massive monetary and fiscal intervention by the Fed and U.S. Congress respectively, has helped goose up the stock market in the last few months.
My conclusion though is that the economy and the general public will suffer and pay for all the debt that has been incurred by Uncle Sam in order to try and kee the stock market whole. I will show how the trickle-down theory has not worked for the last thirty years and will not work again.
Distribution of Household Wealth in the U.S. since 1989: https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#range:1989.3,2019.2;quarter:119;series:Corporate%20equities%20and%20mutual%20fund%20shares;demographic:networth;population:1,3,5,7;units:shares
Former Fed President: "We Injected Cocaine And Heroin Into The System To Create A Wealth Effect: https://www.zerohedge.com/news/2016-03-09/former-fed-president-we-injected-cocaine-and-heroin-system-create-wealth-effect
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