Originally Posted by
Daniel Valdez
Ya pretty shitty for GM to put that false sense of accomplishment up. they should not have advertised it as though they were paying that off with profit. But instead they were really giving the money back.
yes, most people, my guess almost everybody, does not understand money just short of the actual fed reserve people. The things that they do and chose not to do with the money are so far beyond even the smartest people that it would be impossible to try and explain it on a forum or 10 minute youtube video. I don't know, but I know that I don't.
I am sure there is some greed involved in some actions from the fed reserve, but I don't think our country would have had the growth and prosperity for last 100 years (less 5-20) if they weren't doing things that helped our economy.
Our economy will forever have ups and downs, its about lasting through the downs and postponing the fall of the ups.
Although, I do agree it sucks to see all that money go to places that looking at it in the macro sense doesn't seem to be helping the US economy, but I keep hope that someone a trillion times smarter than me looked at it in at the micro scale and truly believes it will benefit our (the US and World) economy.