to improve or people to get jobs. This used to be the shorts, but now things have totally flipped upside down thanks to the FED.
FED is clearly enabling rich to take money at the expense of the working class. In addition there is no urgency to compete, expand or innovate since corporations can get the funds at low cost or free to buy back stock.
People are being replaced with technology, outsourced labor, cut down to the bone and then they want the holiday shopping to be upbeat. I spent precisely $62 in the past 7 days. And this was for groceries because I had to, otherwise it would be $0. Next time I spend anything it will be for a used product because I don't want to pay sales tax.
QE was not designed to create jobs, just the opposite. Why would some one with money or a business invest in creating jobs when they can get a 20% guarantee in the markets with the FED backstop.
The FED is creating a civil war between the middle class and poor.
Just listen to cowards on this board, they blame the poor and unemployed for all the problems in the country!! Yet they benefit from QE and are to afraid to take on the beast ( Z scourge)
Faqqing unpatriotic cowards!!