So the Economy Now Depends on Stocks Which Depend on Front-Running the Fed--And This Is Fine?

Is an economy based on the wealth effect generated by front-running the front-runners really that stable?

So the entire economy depends on the stock market going up as punters front-run the Fed--and this is not only fine, it's optimal, the best arrangement the world has ever seen. On which ethereal plane is this considered sane, much less optimal?

That the real-world economy--a neofeudal confection featuring a parasitic, predatory Nobility vacuuming up virtu…