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Jay M
CNBC Television
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Comments by "Jay M" (@jaym9846) on "Jim Cramer: Not sure this stock market sell-off can be stopped" video.
2008 market collapse, housing collapse, student loan collapse. FED will not rest until world collapses with monopoly money 🤣
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The purpose of stock market is to transfer the wealth of average workers to the already rich every so often.
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FED gave markets $4.5 trillion in monopoly money after 2008 collapse, $1.5 trillion last week and $700 billion last Sunday ($500 billion of which was given to gov in the form of bond purchases). And FED is now giving banks up to $350 billion in overnight loans. https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
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