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Re: gfp927z post# 18727

Tuesday, 02/23/2021 11:42:58 AM

Tuesday, February 23, 2021 11:42:58 AM

Post# of 19856
gfp: The save today by jerome Powell was so typical. The markets were tanking earlier today. Then Powell came in and basically reassured the markets that the Fed would print to infinity if needed to prop up stocks. The major indices will probably end up green after beeing down siignificantly in the early trading. This is not healthy for the markets of the economy. If we ever get a big world wide collapse I hope there is a worldwide populist revolt against Central Banks all over the world and this era of level pullers will come to an end. They do much more harm than good. Lets the market determine interest rates, sto and commodity pricesw, etc.

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