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Ray Bod
Bloomberg Television
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Comments by "Ray Bod" (@raybod1775) on "Powell Announcement Reeks of Desperation: Janus' Maroutsos" video.
The Fed caused this problem by keeping interest rates too long to maintain high stock valuations and bailing out poorly run corporations. The Fed indirectly purchasing lower grade bonds were a clear violation of law that established the Fed. All done to protect wealthy investors at the expense of everyone else. Well now they really messed things up and are burying the U.S. economy in a hole it may never come out of.
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