>> “seems that compared to the rest of the world the avg american citizen is much better off. A rising tide lifts all boats.” <<
.
That would be the blind man’s view of the situation.
No boats are being lifted, they’re just lowering a cardboard cutout of the horizon.
Fed tampering in the market can only have the result of bringing the market down with the imaginary currency.
Lots of people have figgered this out for themselves, thus the rapidly rising commodities. What happens when toilet paper hits $1508.20 / roll?
.
I was thinking more since the formation of the fed not the last couple of years. Meant more that like any insitution it in and of itself is not bad. It dpends on who is running that insitution that determins if it is bad or good.