Because if we gave a thousand people a hundred dollars a day for working on much needed infrastructure, we would not be able to give Lloyd a hundred thousand a day for,,,,,,doing,,,,for doing,,,,,Hmmmmm,,,,he doesnt do anything!! Get it!!
That would be a function of fiscal policy which is the responsibility of the government.
The FED is responsible for monetary policy and is not allowed to give money away. The QE money is used to purchase treasuries and agency backed mortgage securities.
So the banks have merely created their own faux economy based on fantasy asset prices-sounds no different than late 1920's. Enjoy the ride-Got Parachute?
Sentiment: Strong Sell