Those who own stocks and housing now will continue getting richer, those who don’t will be priced out of these markets
A classified Federal Reserve memo sheds new light on the Fed’s
I’ve marked up a chart of the S&P 500 and the Case-Shiller Housing Index to illustrate the Fed guarantee. As you can see, stocks and housing will at a minimum double in the 2019-2029
The Fed memo refers to the enormous success of the Fed’s dovish about-face since December: (again, paraphrasing the memo): The Federal Reserve’s management of policies and market expectations since December prove that we can reverse any downturn and reignite
So as the charts illustrate, owners of stocks and houses can take the Fed guarantee to the bank: huge permanent gains in collateral and capital are in the bag, Baby, because “the Fed has our back big-time:”
Those who own stocks and housing now will continue getting richer, those who don’t will be priced out of these markets. In other words, the Fed’s policy of making the rich richer and the Devil take the hindmost is permanent… Until a political and social Cultural Revolution sweeps away the Fed and the rest of the parasitic ruling elites.
This is an April Fool’s Day whimsy. But how far it is from what the Fed elites actually believe is unknown.
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