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Are_we__sure ago

Is this the real 'make America Great Again' masterstroke - to nullify the debt stranglehold the world is in, that kept the Obama economy at less than 3% growth, that keeps the economy on 'Quantitative Easing' life support for a whole decade now ?

This is really dumb. Life support is bad thing? Would you rather have an economy on life support or a dead economy? That's just another way of saying with QE the patient would be dead. The Fed's balance sheet is still high, but QE ended in 2014 and the patient is up and walking around.

Fed haters were claiming QE would destroy the economy. It didn't happen.

Fed haters were saying QE would leading to hyperinflation. It didn't happen.

Fed haters were saying the dollar would be worthless. It didn't happen.

Fed haters were saying with QE gold was a better investment than stocks. It was not.

Without interventions of many kinds the Financial Crisis would have developed into a full on Depression.

Every hated the bailouts, but they stopped the economy from dropping like a stone and the government has actually made money on the bailouts. 88 billion dollars so far https://projects.propublica.org/bailout/

ADaniels ago

Lol the dollar is worth a fraction of what it was just a few decades ago, fuck off with your fake news.

Are_we__sure ago

Fake news? This all happened within memory and you choose to forget it.

Lol the dollar is worth a fraction of what it was just a few decades ago

....a phenomemon we are not discussing in any way, but thanks for playing. That has nothing to do with Quantitative Easing. What we are discussing is a Fed policy that began in response to the Financial Crisis of 2008 and ended in 2014 a time when the dollar gained against the Euro and other currencies.

ADaniels ago

Lol wtf? The money supply of USA was 25 trillion in 2008 when they announced QE, which is still going on for 3 more years, where they print 80 billion a month for a total of 12 trillion over 12 years IN ADDITION to the TARP bailouts which were 12.7 trillion for a total of 50.4 trillion effectively DOUBLING THE MONEY SUPPLY making your dollar worth a fraction of 1/2 of what is was, couple this with the fact that another 21 trillion was spent on the military since 01 and all the money printing since the gold standard was abolished by Nixon and you have the dollar being worth fractions of what it was.....

13Buddha ago

It is unsustainable and just a matter of time. http://www.usdebtclock.org/current-rates.html