Fire up the printing presses, after flooding the market with dollars ... we will give them even more to offset our shaky economy.
Historically speaking, the Fed seems unconcerned with taking the same path as Germany and Argentina which led to the collapse of their economies. It may not happen for decades, but turning an economy the size of America away from the upcoming iceberg does not get easier when the captain is heading straight toward it at full speed.
Bankers and traders love free markets until their schemes backfire and then they can’t seem to get enough fiat money to bail themselves out, even if it is an artificial way to protect themselves against the natural consequences of their actions in a free market.
It used to be that way, too. However, now that the world economy is interconnected as never before, especially world finance, it is all the more true.