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The Fed may be moving closer to ending its rally-killing balance sheet reductionWall Street has worried that the operation is adding to pressure in markets that has already built during a series of interest rate hikes that began in 2015. What a load of crap! Alexandria Ocasio-Cortez says capitalism does not work & everyone is outraged. She is correct. QE is a massive distortion that screws the little guy. Where does Adam Smith discuss subsidizing the rich? Are y'all gonna be talking like this when the next recession hits and there is no room to lower interest rates but to zero or below? And now you can que the inflation! $UUP will suffer!
Source: CNBC - 🏆 12. / 72 Read more »