Quote:
Originally Posted by Patriam1066
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I voted against trump for many reasons, but one was dumping 1/5th if the money supply into the bond market in 2020
This inflation was obvious, Biden isn’t great but trump was really REALLY stupendously moronic
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Yeah
Trump did it too after S&P500 was down like 6% or whatever in 2018.
You want to find the root cause, its Obama/Bernanke after 2008. Powell literally did the same thing. Its the only reason I can think of why he is buying MBS when housing prices are so high, cause that's what Obama/Bernanke did ten years ago.