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Huckabee: Fed to Blame for Market Dive

Huckabee: Fed to Blame for Market Dive
Mike Huckabee (AP Photo/Sebastian Scheiner)

By    |   Monday, 24 August 2015 05:41 PM EDT

Monday's stock market plunge can partly be blamed on the Federal Reserve for manipulating the economy with quantitative easing, says GOP presidential candidate Mike Huckabee.

"They made sure that the stock market is really the only place to put an investment. Nobody can put it in bonds, nobody can put it in CDs, and it's artificially sugared up," Huckabee said Monday on Fox News Channel's "Your World with Neil Cavuto."

The former Arkansas governor and Fox News host likened the action to giving children a big boost of sugar.

"Yeah, they have a lot of energy for a while, but when that sugar runs out they're going to crash," Huckabee said. "And we're running the economy on the sugar rush of infused capital, which is really not going to be sustainable."

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Monday's stock market plunge can partly be blamed on the Federal Reserve for manipulating the economy with quantitative easing, says GOP presidential candidate Mike Huckabee.
fed, market, dive
131
2015-41-24
Monday, 24 August 2015 05:41 PM
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