I am at a lose as to what the FEDS are doing. On one hand I see how many businesses are going to need a loan, but Germany tried to print money to solve all their problems and it didn't work. When does all this blow up world wide? How long until we see super inflation. Maybe what is saving us is that everybody is printing money. But it has to end at some point.
And now the FEDS are talking about buying the stock market just like Japan has done. How can governments just continue to print money with no long term ramifications? I just don't get it.
One thing is for sure, interest rates will never go back to 5% again. It would bankrupt every business and nation. Sorry banks, just keep ramping up credit card interest rates. 17% not going to be high enough to pay Jamie's salary.
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