Thanks FED, Ben Shalom, Jannet and JPow for shifting wealth from poor people (non-asset holders) to asset holding rich people through ZIRP and QE. Thanks to your efforts now, we have top 1% richest holds 50% of the stock market, top10% richest holds 90% of the stock market
@hank478721 күн бұрын
Thank you Ally and thank you Fidelity for producing this video it really helps me be a better investor and it's why I've been a Fidelity customer for decades. An area that I would of liked Dr. Bernanke (because I consider him the "father" of QE) to talk about in detail QE and QT, where we are now with it, how it effects rates, is it as powerful a tool now vs when he used it and what are the future challenges of QT on reducing the Fed balance sheet to zero.
@tennesseecharlie123 күн бұрын
Ben's parents had a great pharmacy in Dillon, SC. I used to love to go there. Also went to school with his younger sister. The whole family is super smart!
@slovokia20 күн бұрын
I wonder what percent of the total US treasury debt will be held by the Federal Reserve ten years from now? What started out as Quantitative Easing could easily become defacto debt monetization if a new president appoints people to the Fed who prioritize keeping the funding costs of the US government debt low.
@slovokia20 күн бұрын
We have endured a long period of low to negative term premiums on US bonds - are we transitioning to a new regime of positive term premiums?
@chessdad18224 күн бұрын
On the subject of deficits, talk to the ex President who had a balanced budget for his last four years of his Presidency.
@UCSF202321 күн бұрын
Dan stop trying to put lip stick on a pig! No one is buying it!
@charleshughes248724 күн бұрын
Monetary policy policy is about risk mandate / risk / risk / - inflation is close to 2% / fed looking at Jobs / economy growing at 3% / we see slowing /