BERNANKE SAYS:
BE HAPPY... JUST NOT TOO HAPPY...
WE HAVE SOME SERIOUS FUNDAMENTAL PROBLEMS UNDER THE SURFACE HERE THAT NEED WORK...AND PERHAPS A FEW "NEW PARADIGMS" THAT NEED INVENTING...
SO, THEN, BE HAPPY REALLY MEANS..."DON'T CRASH" ....AND MAKE THINGS EVEN WORSE THAN THEY ALREADY ARE...FOR THE FED...
BOTTOM LINE...?
WELL...BE HAPPY I SUPPOSE... BUT REMEMBER THE FED IS REALLY CLUELESS ABOUT WHAT'S SUPPOSED TO HAPPEN NEXT...
NEVER HAS A MAJOR ECONOMY LIKE THE US...BEEN SO FUNDAMENTALLY FUCKED UP AS WE ARE TODAY... WE ARE IN COMPLETELY UNCHARTED WATERS HERE...
SO...THE BAND PLAYS ON...
BE HAPPY... BUT REMEMBER WHERE YOUR LIFE PRESERVE IS...AND STAY CLOSE TO THE LIFE BOATS...
JUST IN CASE...