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Since 2008 you've had the largest bond market rally in history, as the Federal Reserve flooded the economy with quantitative easing to drive down interest rates. Driving down the interest rates creates a boom in the stock market, and also the real estate market. The resulting capital gains not treated as income.

Michael Hudson

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More quotes by Michael Hudson

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The one sure mark of a con, though, is the promise of free money.
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Michael Hudson