Originally Posted by Mattk
^Well, saying 'let the market work it out' also relies on the business sector to fix itself. No real difference. The Federal Reserve was created to fix things up. Perhaps it's a good idea to let them do their job.
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The business sector "fixing itself" is rather different to the federal reserve and other central banks interfering the way they have in the last 2 days. The one method is the market deciding the outcome and the other is kneejerk manipulations hoping to influence the market.
History (here we are again at history being an actual teacher
) has shown that markey manipulation attempts dont work.
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