Government Expertise?

               

One idea of how inexpert government “experts” can be: The Federal Reserve Bank kept on its past path of buying multi-billions of government bonds. This inflates the economy by, in effect, printing fresh currency. The Fed intention: To rouse the economy

                     

But at the same time, the Fed allowed some big banks to raise their dividends, which soaks up capital and their lendable funds.

                     

While some banks, instead, use their Fed induced, newly-excess cash to buy up shares. All this added to a mix which makes the Fed’s actions very imprecise, to go along with the rest of their their seat-of-the-pants decisions.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)