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Ray Bod
Bloomberg Television
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Comments by "Ray Bod" (@raybod1775) on "Fed Faces Extraordinary Times, DiMartino Booth Says" video.
Fed’s incompetence has created this stagflation. Fed created too much money years ago and then created even more money to prop up the stock market. Poorly run corporations need to fail, not be saved by cheap money. There’s never been so much money created by the Fed in history. Inflation is going up faster than wages. This policy was used in Venezuela, Zimbabwe, post WW1 Germany which ultimately led to disaster.
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