When was there a time the fed did not print money?
Before 1913?
Exactly! It does not make sense to think money printing that began over a hundred years ago suddenly caused the "rigged show" to begin a rally last Wednesday.
...pumped this money into the stock market by buying these enormous amounts monthly... ...http://www.heritage.org/research/reports/2014/08/quantitative-easing-the-feds-balance-sheet-and-central-bank-insolvency
The Heritage people did a great job of listing Fed's purchases of T-bills, mortgages, and bonds, no common stocks were purchased. Here's how the stock prices moved along w/ QE:
The idea that QE is 'rigging' stocks is just not there. In fact, it would be easier to argue that QE hurt stocks.
I believe what's being said is that pouring BILLIONS monthly in BONDS and T-Bills being bought by the FED is not necessarily "rigging" the market as much as it is keeping the "house of cards" standing and in business..
Take a look at the actual number of investors that have left the market as witnessed by the volume of trading.
Over a TRILLION dollars of personal worth has been lost in just the stock market in the last two weeks alone.