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by I_DRINK_KOOLAID 1499 days ago
> The consequences of that intentional choice going forward are what matters.

An entity which is invulnerable to market deterioration and solely decides to handicap itself on its own will for the the greater good so the speak...will always attract the majority of investors. Much like everybody wants to be the manager of the best boxer who is also a showman and decides to go down for the good of the boxing business. People who know, do understand that he is the fundamental part of the equation, not the various prop opponents which are matched against him and that manage to win a fixed match from time to time.

> Sure, I get to use the publicly owned land and airports, but to call that a dividend or equity is ridiculous

Quality of life is obviously a dividend, at the end of the day money is meant to be spent to get quality of life. Only serial accumulators get excited about accumulating zeros and ones in the bank account.

> manipulating

Would you say the US engaged in manipulation after 9/11 when 2 wars were started in 3 years?

A country will always do what is necessary to protect its citizens AKA its shareholders. Especially the most vulnerable ones . They will lower interest rates and engage in QE and do money printing etc. It's their job, and besides in a world and a country which is exceptionally partisan , the Fed approval rating is very high [0]. Actually much higher than every POTUS , except Bush in the aftermath of 9/11.

If we look at data I don't see the erosion of trust in the Federal Reserve that you are seeing

[0]https://www.pewresearch.org/politics/2020/04/09/public-holds...

1 comments

> Fed approval rating is very high [0]

The fact that your source for this is April 2020 makes me conclude you are trolling

> The fact that your source for this is April 2020 makes me conclude you are trolling

Fed has been doing QE ever since 2008 if you haven't noticed, and interest rates trailed inflation ever since