Fed Chair Suggests (again) That Fed Intervening in Stock Market May Be Good Idea
It hasn't worked for the BoJ so far. Even after they doubled down the market barely took notice before it shrugged the whole idea off and continued on its merry way.
I guess the Fed thinks it will be different for them. At least it's not like this great monetary experiment is there's will affect BILLIONS of people's lives, right?
Rabid interventionists want to stick their fingers into everyone's pies? Say it ain't so! This is, of course, par for the course for these sociopaths. A very good friend of mine has a word for what these people engage in: pathological altruism.
Perfectly on-target. I'm using that.