Reply #238: Why would they?

[txaslftist]

The Fed is doing what they perceive as their job. Bailing out the banks, bailing out investors and buying time for investors to get into other things and leave the pension funds ands rubes holding the bag. So what if the whole thing collapses? So long as they all get a chance to get out while the getting is good. Then they can hyper-inflate for a season or two, impoverishing wage earners to cover their bad bets, then back to business as usual.

And then all of their media shills will crow about how they "saved the day" and "thank God we have a fed!"

You and I will be a bit poorer, earning a bit less, maybe unemployed ... but that's hardly their lookout.