The Wall Street has never been about Main Street. It is just a reflection of the Fed policies and the Fed has been printing money like there is no tomorrow. Also since, this money does not flow downward, there is little inflation, however the asset prices will continue to boom like crazy.
The money printer has to stop eventually, no? It seems like the current plan is to keep the printer going until the next party is in power and is forced to deal with it.
3 comments
[ 2.8 ms ] story [ 19.9 ms ] thread