<html><body><p>It is understandable that the Fed injects <a href="https://quotes.tuteehub.com/tag/cash-5029" style="font-weight:bold;" target="_blank" title="Click to read more quotes about CASH">CASH</a> to avoid the collapse of the <a href="https://quotes.tuteehub.com/tag/stock-2081" style="font-weight:bold;" target="_blank" title="Click to read more quotes about STOCK">STOCK</a> market, but basically it is <a href="https://quotes.tuteehub.com/tag/bad-68" style="font-weight:bold;" target="_blank" title="Click to read more quotes about BAD">BAD</a> policy for monetary authorities to intervene to save speculators from bankruptcy. This is not their <a href="https://quotes.tuteehub.com/tag/role-3312" style="font-weight:bold;" target="_blank" title="Click to read more quotes about ROLE">ROLE</a>.</p></body></html>

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It is understandable that the Fed injects CASH to avoid the collapse of the STOCK market, but basically it is BAD policy for monetary authorities to intervene to save speculators from bankruptcy. This is not their ROLE.

Author - Maurice Allais Subject - Monetary

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It is understandable that the Fed injects CASH to avoid the collapse of the STOCK market, but basically it is BAD policy for monetary authorities to intervene to save speculators from bankruptcy. This is not their ROLE.

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It is understandable that the Fed injects CASH to avoid the collapse of the STOCK market, but basically it is BAD policy for monetary authorities to intervene to save speculators from bankruptcy. This is not their ROLE.

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