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To: Bishop_Malachi
To be honest, the Fed is not helping matters.
Socialize losses, privatize profits - this has been the game plan by the Fed for years now. The Fed balance sheet is $10 Trillion and counting, they are buying corporate debt and treasuries weekly. This is "moral hazard" - bailing out the super rich allows them to suffer no consequences for their actions.

I am a proud capitalist, but what we have right now ain't it.

No wonder the communists have pitchforks out...

5 posted on 06/16/2020 8:24:08 AM PDT by chud
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To: chud

Good point! What we are experiencing is not the “Free Market”. If axes on small businesses are so crippling, it is extremely hard to make it, while Megacorporations oh no taxes!?! This cannot continue...


7 posted on 06/16/2020 8:33:19 AM PDT by Jan_Sobieski (Sanctification)
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To: chud

Yes I don’t see the risk for big corporations anymore when if something bad happens they are covered by the Fed gov

That’s a win-win situation for them


14 posted on 06/16/2020 10:01:21 AM PDT by dp0622 (The very future of tihe Republic is at stake. We now know dems will do ANYTHING to win.)
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