THE DOLLAR COULD LOSE TWO CENTS OVERNIGHT...BASED SOLELY ON TODAY'S FED PANIC AND THE INFLATION NUMBERS...NOW IGNORED!
YOU PERHAPS NOTICE THAT THERE IS NO DOUBT ABOUT THE FED BEING IN TOTAL PANIC MODE...
THE HUGE 100 BP RATE CUT IS A "MEDIA GIVEN"...
THE ACTUAL FED MEETING AND THE FED ASSHOLES ATTENDING IT...ARE REALLY OUT OF THE PICTURE NOW...!
AND WHO KNOWS IN THESE DEGENERATE TIMES..."THE STREET" MIGHT EVEN BE "DISAPPOINTED" WITH 100 BP...
AND COMPLAIN THAT BERNANKE SHOULD HAVE DONE 150...EVEN WITHOUT "BEING TOLD" TO...
AFTER ALL, A "GOOD SERVANT" ANTICIPATES HIS MASTERS COMMANDS...!
HE DOESN'T JUST WAIT FOR THEM...!!
BAD BEN!! BAD BEN!!
AFTER ALL WE WILL NEED THE PUNCH BOWL FILLED AGAIN NEXT MONTH! AND MORE WORTHLESS MONEY WILL BE PRINTED FOR THAT...!
THE FED IS PITIFUL...!