THESE ARE HISTORIC TIMES....!!
THE LIQUIDITY TRAP IS SET...THE FED WANTS THE BUBBLES BACK...BUT WHERE ARE THE BUYERS...
CLEARLY THE HYPER-INFLATIONISTS OF CHOICE ARE THE WALL STREET TRADERS... THEY WILL ALWAYS BORROW TO SPECULATE...
BUT THAT REQUIRES OTHER PEOPLE, ESPECIALLY THE RETAIL "SUCKERS," TO BORROW TO SPECULATE TOO...
AND THE WALL STREET CROWD HAS AN ADVERSION TO REAL ESTATE AND OTHER "HARD" ASSETS THAT NEED MANAGEMENT...
THE STREET WOULD RATHER SPECULATE IN "PAPER"...BUT THE PAPER HAS TO AT LEAST HAVE A STORY BEHIND IT...OTHERWISE YOU ONLY HAVE A PONZI SCHEME...
AND A PONZI SCHEME IS APPARENTLY ALL THE FED WILL GET OUT OF IT'S LATEST MOVE...
