Hi All4One and all,
Talking about the banks taking tax payer’s money. If you can spare twenty minutes to watch this 2014 talk by Mr Brian s. Wesbury he makes a good argument in my opinion as to whether the FED implementing QE actually helped the economy. His graph showing the points QE and TARP came in to force and the response in the markets is interesting to say the least. The worst part of the GFC came well after TARP was implemented!
https://www.youtube.com/watch?v=RrFSO62p0jk
Plenty of people are claiming they saved the world after the GFC; however, possibly they did more harm than good.
Or perhaps it was all planned as part of a transfer of wealth to the top 1%!!!
I would be interested to hear other views on this.
Cheers and very best regards: Andy
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