Comment by sytelus

So here's the thing: 80% of the population doesn't own stock. When fed pumps such massive money to prep the stocks, where does that money end up? I guess the idea is that then we pump the stock so companies continue to hire people so unemployment remains low. Considering the vast majority of jobs are low paying, if not outright minimum wage jobs, this means these trillions of dollars of fed charity is basically meant for nothing but making sure people gets paid minimum wage for next couple of months. On the other hand, if US government equally distributed 1.5T to each citizen then each person would get $5000 which is about 1/3rd of minimum wage income for a year. That seems like far better deal than trying to keep pumping the stock.