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whyamimrpink78
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Comments by "whyamimrpink78" (@whyamimrpink78) on "IT'S HERE: Stock Market Implodes As The Fed Dumps TRILLIONS To No Avail" video.
@anonjohn69 , exactly. It is sad to see economic illiteracy from the far left. However, if they understood economics they would not support a politician like Bernie Sanders.
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@bobdamano9606 Kyle fans are economic illiterates
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@EvsEntps , nations with universal healthcare will just do what they always do, deny care.
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A recession happened under Carter.
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@andrewjacks2716 , without FDR the depression would not have occurred. FDR doubled down on what Hoover did.
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@Skantezz , exactly. And then he writes a book and made millions off of it. Bernie is a fraud.
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@Autodidactz , and this is why Bernie and his fans are losing. They live in a bubble. You simply say "ignore him" when someone has a legit argument against the far left. And you wonder why your side is losing.
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Wow, Kyle fans are economic illiterates.
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@chairmanofrussia false equivalent. This is a loan that the fed will get back. You can't compare this to healthcare
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@odysseus9176 , paying back student loans will do two things 1. Cause massive inflation 2. Cause all those with those loans to have a terrible credit score.
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DO DOLAD , isn't that easy. The Fed is limited in what it can do. Basically it is giving credits to the stock market so banks have someplace to borrow money as people panic and pull out their money from the banks. What the Fed is doing is preventing banks from going under. Banks, by law, can only hold 10% of their reserves. When they need more money they can borrow from other banks or the stock market. If everyone is pulling out their money the Fed has to step in and create a situation where banks have money to borrow. If now then we get a situation like the Great Depression where many banks went broke and closed down. However, the Fed simply can't give money away in Medicare.
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Kyle's economic illiteracy shows here as usual.
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@EVIL-C , I know the markets are in trouble. But when he says that when the stock markets do well average people don't benefit is wrong.
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@StormMcBeth , depends on what you mean by "recession". There have been several according to FRED stats over the years.
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This isn't socialism. This is normal during an economic decline to prevent our financial system from falling apart.
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@TheBigGSN5 , I say a lot of accurate things.
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@knavishknight , this isn't taxes.
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