PPT= plunge protection team run by our federal government through Treasury
I agree. But Alan Greenspuge and the PPT are running out of rope. If you've noticed, the huge increase in the money supply (which then appears to be used to fund the Plunge Protection Team) seems to be causing a precipitious drop in the dollar.
They cannot afford much more Plunge Protection. The markets should equalize at their justifiable levels anyways. All they are doing is making things worse and giving us a weak dollar to boot.
Inflation will occur if they keep this up, as well. I am shocked it hasn't!