Replies to post #12352 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[Montanore]

The Fed is not the economy, although they've done a good job at screwing it up.

They predicated its creation on eliminating booms and busts, but instead they CAUSED the bubbles. They created the Roaring 20s bubble, The Great Depression, and subsequent bubbles and bursts including the housing bubble and burst, and now the biggest stock market bubble in history. Not to mention constant war.

Instead of capitalism, we have madmen at the helm and it won't end pretty.