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39 sats \ 3 replies \ @Satosora 21 Sep \ on: Where Will All the Money Go? econ
"My thinking or guessing was based on the notion that the Fed wanted to remain perceived as tough on inflation for as long as possible and that they wanted to be perceived—eventually—as coming to the economy’s rescue, rather than just goosing the stock market higher. The Fed plays a “confidence game” with the general public."
Doesnt this just make the Fed sound like grifters?
They are just waiting for the right opportune time to screw everyone and leave with the money.
It's always worth bearing in mind that the Fed was created by the banks, for the banks, and is run by the banks.
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Yes, but that doesn't mean that what's best for them is best for us.
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