Whatever the FED does, you can be sure it will put banks first! That’s what they are. Bankers. For-profit bankers.
For-profit bankers regulating banks and in charge of the money supply, brilliant.
A few years after the FED’s founding we had the Great Depression, when bankers bought everything for “pennies on the dollar”. Since then, they’ve pulled the rug out over and over and over again.
Another “correction” will occur shortly, and they will say “it’s the invisible hand of the market we’re just poor hard-working bankers who love America!”
Whatever the FED does, you can be sure it will put banks first! That’s what they are. Bankers. For-profit bankers.
For-profit bankers regulating banks and in charge of the money supply, brilliant.
A few years after the FED’s founding we had the Great Depression, when bankers bought everything for “pennies on the dollar”. Since then, they’ve pulled the rug out over and over and over again.
Another “correction” will occur shortly, and they will say “it’s the invisible hand of the market we’re just poor hard-working bankers who love America!”