On Bogleheads, I keep reading about this power that the Fed and Treasury supposedly have. Just wanted to ask -- can the Fed and Treasury also cause a crash, e.g., if there is a new President whom the civil servants in those agencies detest and regard as the Devil incarnate? 2000-03 might be an example.There will certainly be a crash in the future (no one can say when), but the intervention by the Feds & Treasury will make the recovery fairly swift & relatively painless.
Statistics: Posted by Badinvestor — Sat Jan 04, 2025 11:40 am