https://www.forbes.com/sites/williammeehan/2020/10/21/can-the-federal-reserve-print-money-forever-or-how-continuing-to-print-money-to-support-deficit-spending-may-end-badly-with-chinas-help/ “A feature of the Fed’s asset purchases by “printing money” is that Wall Street firms and their large corporate clients have been the primary beneficiaries of its actions. The Fed has contributed to programs to directly support Main Street too, although nowhere near as much, or as effectively, as its Wall Street programs. The net effect of this strategy has been to increase societal inequity within the United States; it has also exposed the average U.S. citizen to future inflation risks. “With the Covid-19 pandemic appearing likely to persist for longer than we had hoped and the economy showing few signs of improving, the Fed’s actions will likely continue. With interest rates now close to zero, there is really nothing else the Fed can do. The Fed’s balance sheet will continue to grow, possibly to tens of trillions of dollars. Financial asset prices could be expected to continue increasing too, particularly in the equities market, if it continues to be stable, supported by technology companies, led by FAANG (Facebook, Apple, Amazon, Netflix, Alphabet/Google). 大家保暖的措施都做好了吗？冬天已经来了
tax top 1%. Use the money to create government subsidized jobs like universal free pre-k childcare. Etc. to essentially reduce average american’s expense increase avg american’s disposalble income governemnt has tools to transfer money from top to balance economy. As long as it want to do it. biden looking to raise tax on long term stock capital gain above $1 million from 15% to 39%.
tax top 1%. Use the money to create government subsidized jobs like universal free pre-k childcare. Etc. to essentially reduce average american’s expense increase avg american’s disposalble income governemnt has tools to transfer money from top to balance economy. As long as it want to do it. biden looking to raise tax on long term stock capital gain above $1 million from 15% to 39%. 个体户 发表于 2020-12-05 20:44
“A feature of the Fed’s asset purchases by “printing money” is that Wall Street firms and their large corporate clients have been the primary beneficiaries of its actions. The Fed has contributed to programs to directly support Main Street too, although nowhere near as much, or as effectively, as its Wall Street programs. The net effect of this strategy has been to increase societal inequity within the United States; it has also exposed the average U.S. citizen to future inflation risks.
“With the Covid-19 pandemic appearing likely to persist for longer than we had hoped and the economy showing few signs of improving, the Fed’s actions will likely continue. With interest rates now close to zero, there is really nothing else the Fed can do. The Fed’s balance sheet will continue to grow, possibly to tens of trillions of dollars. Financial asset prices could be expected to continue increasing too, particularly in the equities market, if it continues to be stable, supported by technology companies, led by FAANG (Facebook, Apple, Amazon, Netflix, Alphabet/Google).
大家保暖的措施都做好了吗？冬天已经来了
governemnt has tools to transfer money from top to balance economy. As long as it want to do it.
biden looking to raise tax on long term stock capital gain above $1 million from 15% to 39%.
Key: as long as it wants to