EXCELLENT AND INFORMATIVE ARTICLE
Read and learn a lot!
President Trump and Treasury Secretary Mnuchin have already begun assembling and delivering a new banking system.
Understanding the disconnect between an actual company on the stock market, and the bets for and against that company stock, helps to understand what can happen when fiscal and monetary policy is geared toward the underlying company (Main Street MAGAnomics), and not toward the bets therein (Investment Class).
The U.S. stock markets’ overall value can increase with Main Street policy, and yet the investment class can simultaneously decrease in value even though the company(ies) in the stock market is/are doing better.
This detachment is critical to understand because the ‘real economy’ is based on the company, the ‘paper economy’ is based on the financial investment instruments betting on the company.
Trillions can be lost in derivatives, etc, and yet the overall stock market -as valued by company operations/profits- can increase.
Two types of banking..a firewall in between. Big investment banks fail, the economy and Main Street are insulated.
Considering small business is the backbone of the economy, let the big 4-6 get in their inevitable Chinese stink bug bog and simply tell them “we’re good, you’re on your own.” when they coming crying about their failed crooked scam.
>https://theconservativetreehouse.com/2020/08/28/the-bloom-is-off-the-ruse-tom-donohue-and-u-s-chamber-of-commerce-announce-support-for-far-left-democrats-in-2020/