Re: The FED--savior or magician?
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Ultimately the postponed correction will become a complete and utter collapse of historic proportions because the market was never allowed to function for the last 8 years.
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i dont think they will ever let it amount to this. they claim they fear inflation in all their reports but in reality they fear deflation much worse. follow their actions, not their words.
i think this correction will be a hard one but not a total depressionary collapse, then one the market has reached some semblance of equilibrium they will drop rates and inflate away again.
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