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Shawn's avatar

Sounds like the federal reserve will get a seat at Biden's cabinet at treasurer. Rinse repeat? More selling out of the people? If the federal reserve lowers rate for banks, it's a bail out by the lower income American people. They can't afford the market, so no hedging a worthless dollar, and value is "taxed" / stolen from the lower class. The middle class gets some back from housing going up in a lowering interest rate environment and their "401k", but younger generation and the working poor are left behind.

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Bad396's avatar

Greg, maybe 100k of us need to call the attorney generals office about this market rigging or the SEC. If a co-ordinated effort jams their phone lines maybe that would get some attention?

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