"Every single year, without fail, the stock market drops. Like, take a look at this. Even in years where the market finished higher, we saw 10 to sometimes 20% declines. "

"Kevin Worsh served as the Fed governor from 2006 to 2011 during the Great Financial Crisis while the Fed was creating government bailouts, market back stops, and essentially trying to keep the entire financial system from falling apart. "

"From there in 2011, despite Kevin War saying that stimulus wasn't needed, the Federal Reserve announced an additional $600 billion injection into the economy to help the housing market. But Kevin Wars was a very fierce opponent, calling the benefits small and fleeting and the risks potentially large. "

"It's also not unusual for February to be one of the worst months of the year for stocks with being on average negative since the 1950s. "

"From there, when he was asked if the stock market would have to fall, he responded with, "If the central bank were forced to focus on the real economy, the financial markets will take care of itself." Implying that yes, the markets will fall, but long term it'll be for the greater good of society since the rich won't just keep getting richer. "

"The average person spends like 25 to 33% of their income to housing. "

"That's why objectively any boost to housing affordability is likely going to be minor or temporary at best. Unless, of course, we see a massive housing market bailout, which at this point, I'm going to be honest, nothing surprises me anymore. "