The New CS Board

[jumanji0881]

The Fed featured on Frontline -

The Power of the Fed : http://www.pbs.org/wgbh/frontline/?utm_source=promourl&utm_medium=direct&utm_campaign=frontline_2018

My Comment :
It's amazing that the Fed has been allowed to create huge bubbles in RE, stocks, and bonds. Sheila Bear referred to the stock market as a no lose casino. Grantham talked about moral hazard where Wall Street keeps the profits if it wins and it gets bailed out if it loses. When the market corrects, it will be one for the record books and with the Fed's money printing now creating a lot of inflation, they will not be able to bail out the stock market with more money printing. You can watch Frontline online at the link above. If the Fed tries to bail put the next financial crisis, they will have to print many Trillions of $. Meanwhile the national debt just keeps expanding exponentially.