Fed steps in once again to try to smooth out lending markets

[Chainfire]

2. To a plumber

It all sounds like a con game. A government Ponzi scheme writ large. Swapping piece of paper (or a handful of electrons) for another and acting like it is increasing wealth. Before this is all over, it is going to be apparent that the people who never saved a dime will have been the smart ones all along; they will still have their big screens and jet skies while my savings will disappear in a flood of inflation.

I study history, one thing I am fairly certain of is when this health crisis is over, the rich will be richer and the workers and the poor will be poorer.