WHAT THE WORLD REALLY NEEDS IS A 5% CD THAT ALLOWS MOM AND POP TO EXIT THE SPECULATIVE ARENA...AND JUST GET A DECENT YIELD WITHOUT HAVING TO SPECULATE FOR IT...
THE REAL PROBLEM IS THAT EVERYONE IS BEING FORCED TO BE A SPECULATOR UNDER CURRENT CENTRAL BANK THINKING...
MASSIVE ASSET INFLATION HAS BECOME THE NORM...AND IT IS REALLY A DEAD END FOR MOST ORDINARY PEOPLE...
ONCE WE ABANDON THE "ASSET INFLATION PARADIGM," AND RETURN TO THE "YIELD PARADIGM" ... THERE MAY BE A CHANCE FOR A RETURN TO NORMALCY IN THE GLOBAL AND US ECONOMY...
FRANKLY IF THE FED COULD JIGGER A 5% CD FOR THE "AVERAGE" PERSON...AND KEEP CORE INFLATION SLIGHTLY LESS...ALL WOULD BE WELL...
THE NOTION OF BRING THE BUBBLES BACK AT ALL COSTS AND RESTORING THE SPECULATIVE FEVER...IS A LOSER!!
AS WE SEE EVERYDAY NOW...!
