the rules for central banking involve keeping the system afloat so that maximum profits can be extracted from it. When the system collapses everyone loses.
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the rules for central banking involve keeping the system afloat so that maximum profits can be extracted from it. When the system collapses everyone loses.
https://www.chicagofed.org/research/dual-mandate/dual-mandate
The Fed’s Dual Mandate (interest rates and employment) says nothing about the stock market.