Bahahahaha – we quintupled the balance sheet to provide QE to mortgage and credit markets so the Boomer’s nest eggs were bailed out. Their assets soared as a result, and everyone who rents is paying for it through inflation. Now they want a raise too?
1 Comment
Bahahahaha – we quintupled the balance sheet to provide QE to mortgage and credit markets so the Boomer’s nest eggs were bailed out. Their assets soared as a result, and everyone who rents is paying for it through inflation. Now they want a raise too?