Having the Fed pump money into the stock market is sheer insanity!!! There’s no money to pump! What the US is doing can only result in rampant, runaway inflation. Who’s benefitting? The rich get richer while the whole country is being set up for financial ruin. Printing more paper money to pump into the stock market causes inflation. I took economics in high school and that’s what I learned. I think it’s common knowledge. The federal government HAS TO STOP SPENDING MONEY! They must stop or the most powerful nation in the world will have the finances of third world nations very soon, and if the US goes down, look out world.
Country after country has gone down this very road to financial ruin, we’re next.
We have no money to spend. There is no money!