The Fed is continuing to ‘trash’ the economy: Steve Forbes

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Forbes Media chairman Steve Forbes discusses how Janet Yellen is flip-flopping on blanket coverage for all U.S. bank deposits on ‘The Bottom Line.’

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York ó the business capital of the world ó FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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It's always about bailing out the elites. Forbes, just said it. 1970s, 1980s, 2008, 2023

amerikaveebeau
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In order to avoid falling into a bear market trap at this time, I'm attempting to hold off on any fresh purchases. Even though I read an article about people who made profits of up to $500k during this fall, what are the best stocks to purchase right now or add to a watchlist? It's difficult to make money in equities when institutional investors are the ones driving the selling.

Curbalnk
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Our government flunked Math class in school, Steve

conniehayes
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Shouldnt they be removed from office if they are so incompetent and a danger to the country???

falcon
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Janet speaks out of both sides of her mouth

glenm
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Before stupid was there, borrowing resulted in quality economic growth. Now borrowed funds are being squandered by nit wits.

arwzqu
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Democratic business plan is working perfectly

Banchinaforever
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Spoiler Alert 👉 it's not incompetence, they're doing it on purpose.

NarcissistFreealmost
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Exactly. Socialism via regulation. That’s exactly why we need to repeal FDR’s Administrative Procedure Act and close every unconstitutional federal department created since its passing. The executive branch was NEVER supposed to have lawmaking authority and that’s exactly what “regulations” are.

hlf_coder
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Oh they KNOW...
They just Don't Care

fatbowe
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I believe it's high time we call in the ... "Ghost Busters".

jamesnorwood
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So Biden went to Canada's border .. what about the south Biden or was that just another insult??

thundercatt
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Joe and Janet...pick the Nursing Home...we will pay the bill.

markwilliford
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Buying Bitcoin isn’t the problem. It’s the selling it that I am concerned about.

williemo
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Tax paying citizens deserves a bailout, . Not investers.

kayt
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Steve, talk to us about FED NOW program.

garywood
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Stop saying the swamp don't know what they are doing .

Alan-dxys
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That Powell guy, who made him the head of the fed?

bryanb
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I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250, 000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?

graceocean
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one thing i feel like they should do is let the free market temper inflation on it's own, release American energy, and cut government spending by about 60%

EpicToastEdits
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