GO! GO! GO! BUT WHY...?
IT'S SIMPLE...BUT ONLY IF YOU THINK SIMPLY:
THE FED AS SAID...REPEATEDLY...THAT IT WANTS THE STOCK BUBBLES BACK... THAT'S WHY THEY WERE DUMPING A TRILLION A WEEK ON WALL STREET A FEW MONTHS AGO...
THEY WANT THE BUBBLE BACK...
THEY ARE BEGGING FOR A RETURN OF THE STOCK BUBBLE...IF NOT THE OTHER ASSET BUBBLES...IE..."SAVING HOUSING"...ETC...
WHAT PART OF THAT DON'T YOU GET...?
YES THE FED IS COMMITTED TO INFLATION...ASSET INFLATION MAINLY...THIS IS BEING DONE TO "STOP THE DEFLATIONARY DEPRESSION"....
YES THE FED HAS HAD TO GO HYPER-INFLATIONARY TO DO THIS...
AND YES...THEY SAY THEY CAN PULL BACK "JUST IN TIME" TO STOP THE REAL ECONOMY FROM GOING INFLATIONARY...
THIS IS A VERY RISKY MOVE... LIKE SEPERATING SIAMESE TWINS...
CAN YOU KILL REAL ECONOMY INFLATION...WITHOUT KILLING THE BELOVED ASSET INFLATION UPON WHICH THE ENTIRE US ECONOMY IS BASED...?
WELL THAT IS THE QUESTION RIGHT....?
SOME ARE JUST SAYING...GO TO GOLD...AND TELL US HOW IT TURNED OUT...
THE STRANGE THING IS THAT JUST RE-FLATING STOCKS WILL DO NOTHING FOR MAIN STREET...AND IT HASN'T...!!
BUT SUPPOSEDLY...IN THEORY... THE NEWLY RESTORED, BAILED OUT AND CASH BLOATED BANKS WILL "FEEL BETTER" ABOUT LENDING MONEY AGAIN TO THE GREAT UNWASHED AMERICAN MIDDLE CLASS...NOW MOSTLY UNEMPLOYED...AND/OR IN HOCK UP TO THEIR NECKS.
SO.... AS MAIN STREET CONTINUES TO HYPER-DEFLATE...
WALL STREET HYPER-INFLATES...!! AND THE RICH ARE LOVIN IT...
THIS IS PURE ALCHEMY...IT'S VOODOO KEYNESIANISM AT ITS WORST...!!
