As long as the FED is in control and printing money, the market will never go down. Jpowell has ONE job. To save the accumulated wealth of the top ten percent of the population. Everyone else can go pound sand.
he won' t save anything.........the ten percent will have the same money as before, worth less than half of before.........worth nothing more probably..........
Would you rather have a worthless dollar in a bank. At least stocks keep going up and up and up as the FED destroys the currency. There is no other place for the nations wealthiest people to place their funds. (Possibly well chosen real estate). We live in the here and now. Down the road who knows where this all goes. Next stop. S&P 500 to 3500.
they can pump their worthless market with their worthless money......eventually they will have toilet paper shares worth nothing. If printing money had the power to solve any economic crisis, there wouldn' t have been one in history
how many lira to the dollar now or at the end