The Massive Disconnect between how Wallstreet is doing vs Main Street.

Discussion in 'Economy' started by Charles_Main, Sep 28, 2012.

  1. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    Thanks to Massive Quantitative Easing the Stock market is doing very well while all the Numbers for Main Street pretty much suck.

    I don't think we can find a clearer example of an Economic Policy that is designed to do no more than give Stocks a Bump and Help Obama win the Election. Voters see the Stock Market numbers every day, they don't see the Main Street Numbers nearly as well.
     
  2. RDD_1210
    Offline

    RDD_1210 Forms his own opinions

    Joined:
    May 13, 2010
    Messages:
    14,699
    Thanks Received:
    1,298
    Trophy Points:
    205
    Ratings:
    +2,018
    So you're saying that there is a bias towards helping Big business in this country but not the little guy? I think that's what you're saying if I understand you correctly.
     
  3. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    Inflating the shit out of the currency doesn't help any business, large or small.

    It does, however, do more harm to the small business operators, as they are less able to absorb the repurcussions.
     
  4. Foxfyre
    Offline

    Foxfyre Eternal optimist Gold Supporting Member Supporting Member

    Joined:
    Oct 11, 2007
    Messages:
    47,727
    Thanks Received:
    10,831
    Trophy Points:
    2,070
    Location:
    Desert Southwest USA
    Ratings:
    +14,477
    The disconnect between Wall Street and Main Street is more that those of us who need to shelter our income against inflation or need to grow our retirement fund trust Wall Street as being more impervious to government manipulation than is Main Street. Washington has Main Street crushed under a huge thumb of authoritarianism. They can't control a global market so easily.

    I have been noting that Greece, who of all developed nations probably has the worst economy in the world right now, only slightly worse than ours, still enjoys a thriving stock market.
     
  5. American Horse
    Offline

    American Horse AKA "Mustang"

    Joined:
    Jan 23, 2009
    Messages:
    5,741
    Thanks Received:
    892
    Trophy Points:
    153
    Location:
    The Hoosier Heartland
    Ratings:
    +938
    Explain to us how pumping up stocks prices helps big business?
     
  6. iamwhatiseem
    Offline

    iamwhatiseem Gold Member

    Joined:
    Aug 19, 2010
    Messages:
    14,833
    Thanks Received:
    3,114
    Trophy Points:
    280
    Location:
    Virginia
    Ratings:
    +6,128
  7. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    Oh plans for QE4 now? Hmmm:

    QE4: Employment Rate Targeting - Business Insider

    Link to the Post article:

    Under Ben Bernanke, a more open and forceful Federal Reserve - The Washington Post
     
  8. Wiseacre
    Offline

    Wiseacre Retired USAF Chief Supporting Member

    Joined:
    Apr 8, 2011
    Messages:
    6,025
    Thanks Received:
    1,192
    Trophy Points:
    48
    Location:
    San Antonio, TX
    Ratings:
    +1,194

    Ain't going to help those of us on a fixed income either.
     
  9. EdwardBaiamonte
    Offline

    EdwardBaiamonte Gold Member

    Joined:
    Nov 23, 2011
    Messages:
    27,621
    Thanks Received:
    1,132
    Trophy Points:
    205
    Ratings:
    +3,065
    Lets not forget that Republicans put a plank in the platform to investigate the Fed, and then eliminate it in favor of a more capitalist, gold based alternative.

    Lets hope they prevail!
     
  10. Toro
    Offline

    Toro Diamond Member

    Joined:
    Sep 29, 2005
    Messages:
    50,786
    Thanks Received:
    11,059
    Trophy Points:
    2,030
    Location:
    The Big Bend via Riderville
    Ratings:
    +25,123
    It increases the value of big companies. Shareholders like rising stock prices.
     
    • Thank You! Thank You! x 1

Share This Page