Friday, April 18, 2008

BULLSHITING THE DOLLAR HIGHER...!!

SOMEONE'S WORKING AN AGENDA HERE...!!

WE KNOW THAT BERNANKE'S NEW MONEY CAN "SAVE" THE PAPER ASSET MARKETS...ESPECIALLY WHEN THE MONEY IS TARGETED ON THOSE MARKETS...

BUT WILL THE "NEW PAPER BUBBLE" BE ENOUGH TO GENERATE A DEMAND FOR THE DOLLAR...

...THAT WILL OFF SET THE HYPER-LIQUIDITY INFLATION FEEDBACK LOOP IN OIL AND OTHER HARD ASSETS...?

THAT IS THE REAL QUESTION FOR THIS SUMMER...

MY HUNCH IS THAT THIS THING IS TOO FAR GONE NOW TO CHANGE THE UNDERLYING MACRO FUNDAMENTALS...

SO WHILE A FEW HYPE-DAZE CAN BE GENERATED IN THE MSM... THE LONGER TERM DAMAGE IS IN PLACE...

IN SHORT, IT WON'T WORK...ANY INCREASE IN THE DOLLAR VIA THE BULLSHIT ROUTE...CAN BE IGNORED.