Should the government print more money to support the stockmarket?
- Thread starter Debaser82
- Start date
No, they won't allow.
"Dip buying has been consistently rewarded lately and it doesn't much matter what caused the dip."
Yeah that would be great! Imagine printing and circulating more money that would crate inflation and as a result stocks would have to go up so we would all have huge profits. Of course those profits would just make up the extra we need to pay for that loaf of bread. BTW we do have inflation in case you did not realize it. That loaf of bread used to cost 1.50 not too long ago, and is now almost $4. (or am i getting old already?)
No, it will only worsen the economy.
Any artificial bubble pop delay is just that, a delay. It's better to let the bubbles pop sooner than later. There is no such thing as "too big to pop". Every ponzi scheme must meet it's end, including Social Security. Let's face reality, the stock market is a ponzi scheme. It has to reset from time to time.
Instead of TARP, the government should have taken the $1T or whatever, and simply bought the entire stock market.
That way, the bankers would not have been able to walk away with massive bonuses. They might have been able to re-capitalize their businesses, but walking off with bonuses would have been out of the cards, as all the banks would have gone bankrupt.
The economy will not recover until the banks are nuked, and the financial excesses are flushed.
That way, the bankers would not have been able to walk away with massive bonuses. They might have been able to re-capitalize their businesses, but walking off with bonuses would have been out of the cards, as all the banks would have gone bankrupt.
The economy will not recover until the banks are nuked, and the financial excesses are flushed.