THE RECENT OIL BASH WAS A CENTRAL BANKERS CLASSIC... A PERFECT STORM AGAINST HARD ASSET INFLATION EVEN WHILE THE PAPER ASSETS SOARED...!
THE NOTION WAS THE A PLUNGING ECONOMY WAS BAD FOR INFLATION...BUT SOMEHOW...GOOD FOR STOCKS...
AND IT IS TRUE!! CONSIDER:
IF THE ECONOMY PLUNGES ... AS PREDICTED...THE FED WILL BE "ABLE TO" PRINT MONEY FOR THE VARIOUS ASSET BUBBLES WITH RECKLESS ABANDON...THUS KEEPING THE RICH HAPPY...EVEN IF MAIN STREET IS UPSET...
BUT MAIN STREET CAN BE "HANDLED" POLITICALLY WITH WEDGE ISSUES LIKE GAY MARRIAGE...DEMOCRATS WANTING TO "LOSE THE WAR." AND BULLSHIT LIKE THAT WHICH THE AMERICAN STUPIDS MOSTLY IN THE "RED STATES" HAVE NOT SEEN THROUGH YET...