Re: The Fed Is Killing the Two Main Functions of Wall Street: Price Discovery and Prudent Capital Allocation
Agreed. The economy has largely become a man-made illusion, created and sustained by trillions of dollars-from-thin-air.
Kung Flu has proven the illusions have moved heavily into man-made: delusions. Reality, projected out of internet devices into the masses brains.
Fed nationalized the entire bond market because Fed created a massive bond bubble to paper over the Fed created housing bubble. Only thing left for them to destroy is the currency.