Comments by "Frederick Miles" (@frederickmiles8815) on "Oren Cass REVEALS Truth Behind Wall Street's Claim That They Add Value To US Economy" video.

  1. Where do they find these simpletons??? It is the Fed's QE policy; do you not understand the moment you artificially manipulate interest rates down to zero, through monetization of treasury debt via free market operations, there is next to no incentives to invest in the real economy; hence the massive and growing bubble in the financial economy - literally has zero to do with current corporate leadership. Stock buy backs with the ZIRP policy of the Fed is a much better ROI than actually building factories and paying for top labor. The Fed knows this; like Japan for the last 20+ years we are stuck in a liquidity trap; where banks cant lend to levered up companies and individuals so everyone just invest in financial asset classes - therefore the money never reaches the real economy. They should have let 2008 play out; let the GM, BofA, and other sick men of the market die so that the real economy could live; they did not and now we are marching, unintentionally, to an oligarchy.
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