"...when you look at the wealth disparity today, which by the way, in my opinion, the biggest accelerant of has been QE, it's not even debatable..." - Stan Druckenmiller on @realvision #populism #FedHistory

Who did QE? Unelected central bankers.

Yet the biggest opponents of populism are the biggest supporters of central bankers.

You goofballs are cheering on the arsonists.

There are many prominent Fed fanboys on FinTwit who cheer QE, and deride those who criticize its role in spiking inequality. Those people are wankers.

"QE has done something much more damaging than the Fed could have imagined. It changed the very nature of the market, destroying the diversity of the market ecosystem, and making it incredibly vulnerable to the smallest change in the macro environment." https://www.zerohedge.com/news/2019-01-01/one-river-asset-management-qe-has-done-something-much-more-damaging-fed-could-have

Let me tell you about the threat the Federal Reserve poses to most Americans....

"The Fed is too tight for financial markets."

"So by the time the average guy’s balance sheet heals to the point he can actually buy a house, or buy stocks, or whatever the case may be, you know they’ve already bounced 30, 40, 50% off the bottom." - @KYRRadio

Credit card rates average 17.78%.
https://16623.mc.tritondigital.com/OMNY_KNOWYOURRISKRADIOWITHZACHABRAHAMCHIEFINVES_PODCAST_P/media-session/83eae46d-b277-4ea6-a025-b883f20b5d05/d/clips/61af0f78-644a-4500-9792-a89500ea78e5/4c59ec14-659d-4b0e-9cd5-a8db014008d8/4ce62416-5b8c-4989-867e-aab9013a8e3c/audio/direct/t1567192036/August_31,_2019.mp3?t=1567192036&utm_source=Podcast