Paulie
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- May 19, 2007
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Global markets rally on US Federal Reserve's economic stimulus | Business | guardian.co.uk
So the Fed swoops in and stops the crash by promising that inflation will continue. This is proof positive right here that the stock market has really only been increasing because of Federal Reserve money creation. 2 more years of 0% interest just means 2 more years of increased inflation.
Some of you prefer to think of this as the government saved you. And some of you are idiots.
Stock markets around the world rallied after the US Federal Reserve said US interest rates would be frozen for the next two years, and hinted at more economic stimulus to stave off a global recession.
So the Fed swoops in and stops the crash by promising that inflation will continue. This is proof positive right here that the stock market has really only been increasing because of Federal Reserve money creation. 2 more years of 0% interest just means 2 more years of increased inflation.
Some of you prefer to think of this as the government saved you. And some of you are idiots.