30 years later the Dow is at the same ratio to debt as it was in late 1987


Following the 1987 stock market crash, the Federal Reserve began a new course of monetary policy in which they would use a combination of debt and manipulated interest rates… not to protect the bond markets or inflation, but to boost up the stock markets. And in the just over 29 years since this policy started under Alan Greenspan, an interesting parallel has occurred.

The ratio of the national debt is virtually the same as the increase in the Dow Jones average.

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