Here They Go Again—Fed “Stimulating” Wall Street Speculators Into Another Asset Bubble And Crash

…..the Fed is that easy monetary policy seems more effective in spurring asset values than it does in boosting prices of goods and services. The S&P 500 Index rose by an average 8.5 percent from 2014 through 2018, while the personal consumption expenditures price index increased 1.3 percent, well below the Fed’s 2 inflation target.

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