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This is the position of a former US Senator? There are so many errors in math and method here it is amazing. Not to mention the philosophical inconsistencies given that the Fed can buy bonds but a company should not buy stock - a form of investment. Income inequality is a huge problem - try mandating transparency and them empowering individual shareholders. Instead of more legislation, we disseminate information and enable the democratic process.
Dec. 10, 2014, 11:23 p.m.
Gary Paul
The Fed IS SUPPOSED TO adjust the value of a dollar, etc. That's what its FOR. By contrast, corporations are supposed to EARN a favorable stock price by performing well, not by stock market manipulations, aka: the ultimate in insider trading. Maybe if we started referring to this practice properly as fraudulent manipulation, the public would get the message.
Dec. 26, 2014, 3:24 p.m.