Scary stuff, but yes I believe we are being manipulated.
It’s all a game of Three Card Monte.
And every player on the globe has too much skin in the game to let it end. They know if the music stops they aren’t all getting a chair.
So look for the deceptions to continue indefinitely.
I suspect it has something to do with Oblahblah’s legacy — They are trying to hurry up and get him out of office before the whole farce crumbles down.
Its inconceivable to me that they are not manipulating the market. The government manipulates, controls or regulates everything else so it would be a lone exception for them to not want to manipulate stocks.
In my opinion the Plunge Protection Team may have started out to deal with crisis situations to prevent market meltdowns. However, this concept became a slippery slope and over time it morphed into manipulating markets for political reasons.
Like a lot of other forms of manipulation, those who do it convince themselves its the right thing to do and refuse to acknowledge the insidious unwanted side effects and perversions of original intent.