Yes stimulus and QE helped to stem deflation, but it did nothing for long term confidence.
Sure the people with money kept spending, all be it at a slower rate, but all the fiscal stimulus did nothing for main street America…..the heart of the largest consumer culture.
Perhaps the next stimulus package should give every house hold a $100k to help out the nation who supports the criminal bankers taking advantage of the political process…..
Oh back to the story of markets hoping the bearded clam saves the day.
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