Apparently, these guys have been taking lessons from Charlie Munger and from Warren Buffett who both seem never met a bailout of companies in their portfolio that they did not like.
Remember, we should be grateful for this and be happy to eat less and lower our standard of living so that others may prosper.
The Fed's Real Job: Propping Up Dollar Reserve Currency Status
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Alexander Salter and Joshua Hendrickson argue that the Fed's actual
institutional role is to backstop U.S. dollar hegemony.
8 hours ago