Fed Bailouts for Wall Street Makes People's QE Inevitable

5 years ago
7

The Fed's "whatever it takes" attitude towards propping up financial markets and making sure rich people don't lose any money speculating in the stock market while ordinary Americans can't afford food may spark a populist backlash that Washington will have to quell by handing out newly printed Fed dollars... says Scott Minerd of Guggenheim Partners!

https://www.zerohedge.com/markets/us-will-never-return-free-market-capitalism-guggenheims-minerd-warns-current-crisis-lead

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