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by blackrock 2028 days ago
Go long. The Fed is printing money!

And the next Treasury Secretary is.. Janet Yellen.

1 comments

What do you see changing?
Inflation.

A massive increase in asset prices in stocks and housing.

QE Infinity is here to stay. Low interest rates are going to screw up everything.

Go long in stocks. They’re going to save the market.

But how does Yellen change that?
She will perpetuate the inequality in America. The rich will keep getting richer. The line between the haves and the have nots, will continue to divide us.

It’s easy for the Fed to drop the interest rate. It’s just the stroke of a pen for them. And it’s not their money, since they’re just printing it.

It’s harder to put concrete action into policy that will help Americans and ensure equality and fairness for all, instead of for just the privileged few.

The last time she was the Fed Chairman, she lowered the interest rates and injected QE into the system, which benefited only the large corporations that really didn’t need the help. But it devastated everyone else that could have used the help.

And again, without fixing the systemic issues, they will repeat the 2000 dot-com implosion, and the 2008 housing crisis again.

So... the same as now