Send a Tweet
Most Popular Choices
Share on Facebook 9 Share on Twitter Printer Friendly Page More Sharing
Best Web OpEds    H3'ed 7/11/20

FED's $10 Trillion Defends Assets of the Rich - Michael Hudson

Author 14196
Follow Me on Twitter     Message Lance Ciepiela
Become a Fan
  (53 fans)

What the Corona virus did was somehow give an excuse for the government to create all of this money saying it was going to be for small business
What the Corona virus did was somehow give an excuse for the government to create all of this money saying it was going to be for small business
(Image by theAnalysis.News)
  Details   DMCA

There is only one reason for a stock or bond prices to go up. And that’s because of the flow of funds into the stock market.   

All this money is coming into the market from the 10 trillion dollar bailout via the Federal Reserve. The Federal Reserve is going out directly and is buying stocks, bonds, junk bonds, mortgages, junk mortgages, all to prop up the value of assets.

None of this bailout money, none of this 10 trillion going into the stock market has any effect at all on the real economy of production and consumption. It’s solely to support the assets that are held almost eighty five percent by the wealthiest 10 percent of the economy..

Read the rest of the story HERE:

At theanalysis.news

 

Valuable 2   Must Read 1   Well Said 1  
Rate It | View Ratings

Lance Ciepiela Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in


Lance Ciepiela is a retired senior who had an interesting career in government service - a United States Marine Corps (USMC) Vietnam-Era veteran, who became interested in restoring the Constitution after I realized that W Bush had attacked (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation: