Quote:
Originally Posted by Gatordash
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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. |
The root cause is we have national debt and can’t really raise interest rates
It’s going to take decades of higher taxes on people like me and austerity on multiple priorities, including a defense budget topped at 3% GDP
I don’t think any of these guys running central banks know what to do in a climate of increasing labor shortages. No “modern” democracy except for Israel has positive population growth due to natural births. That’s gonna be a tough one to solve.