We will not learn from this. The Fed knows they HAVE to keep the market going for 3 reasons: 1) big institutions pressure them to 2) They must keep pensions from tanking, or we have severe issues with retirement rate 3) Most importantly, it is easier to print money forever than to actually create jobs and real growth
Edit: on #2, it is 'cheaper' to print money to prop pensions up than to have millions of retirees eating dog food
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We will not learn from this. The Fed knows they HAVE to keep the market going for 3 reasons: 1) big institutions pressure them to 2) They must keep pensions from tanking, or we have severe issues with retirement rate 3) Most importantly, it is easier to print money forever than to actually create jobs and real growth
Edit: on #2, it is 'cheaper' to print money to prop pensions up than to have millions of retirees eating dog food