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More from edbugos

https://mises.org/library/liberty-versus-democracy#disqus_thread "Madison stated the historic fact: in democracy there is nothing to check the inducements to sacrifice the weaker party. There is no protection for liberty. Hence it is, that democracies always destroy personal...See more

I guess QE4 has started. This is just the beginning. It isn't good for the stock market short term as it has priced in too much optimism about the prospects for growth, and a few billion isn't going to be enough to restart a bull market. This news probably accounts for the market's dive in the last hour or so. https://www.cnbc.com/2019/09/20/fed-repo-new-york-fed-to-conduct-operations-until-mid-october.html?recirc=taboolainternal

More from edbugos

https://mises.org/library/liberty-versus-democracy#disqus_thread "Madison stated the historic fact: in democracy there is nothing to check the inducements to sacrifice the weaker party. There is no protection for liberty. Hence it is, that democracies always destroy personal...See more

I guess QE4 has started. This is just the beginning. It isn't good for the stock market short term as it has priced in too much optimism about the prospects for growth, and a few billion isn't going to be enough to restart a bull market. This news probably accounts for the market's dive in the last hour or so. https://www.cnbc.com/2019/09/20/fed-repo-new-york-fed-to-conduct-operations-until-mid-october.html?recirc=taboolainternal