WHILE WALL STREET PARTIES...BERNANKE APPEARS TO SEE THAT THE ENTIRE CELEBRATION IS BASED ON MASSIVE FISCAL STIMULUS AND MONEY PRINTING...!
AND WITHOUT THE VARIOUS "QE's"...THIS ECONOMY WOULD STILL BE IN THE BUSH DEPRESSION...
MASSIVE STIMULUS AND MASSIVE MONEY PRINTING...WILL NOT CURE WHAT IS WRONG WITH THE AMERICAN ECONOMY...
THERE IS A HOLE IN THE BUCKET...WITH THE TRADE DEFICITS...AND THE BUDGET DEFICITS...THAT CAN NOT BE SOLVED WITH MORE MONEY PRINTING... THE PROBLEMS ARE STRUCTURAL...NOT CAUSED BY 'TIGHT MONEY' FOR EXAMPLE.
BERNANKE SEES THAT HE HAS ONLY COVERED UP THE STINK OF THE BUSH DEPRESSION....
BUT THE ROT IS STILL THERE AND GETTING WORSE ..NOT BETTER....
