« 6TH POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

FED injected a huge amount of liquidity to prevent a depression, but all it did was create a speculation frenzy. 

By: capt_nemo in 6TH POPE | Recommend this post (1)
Wed, 27 Jan 21 7:23 AM | 21 view(s)
Boardmark this board | 6th Edition Pope Board
Msg. 12126 of 58654
Jump:
Jump to board:
Jump to msg. #

Similar speculation led to the 1929 crash, which resulted in a horrific bear market where people starved.

http://www.investmentwatchblog.com/fed-injected-huge-amount-of-liqudity-to-prevent-a-depression-but-all-it-did-was-creating-speculation-frenzy-similar-speculation-lead-to-the-1929-crash-which-resulted-in-a-horrific-bear-market-wher/




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
« 6TH POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next