THE MARKETS ARE LIKE A SLEEPING INFANT...THEY HAVE NO WORRIES AS LONG AS BERNANKE IS AT THE FED...!
THE FED IS ENGAGING IN MASSIVE CURRENCY DESTRUCTION...TO BENEFIT WALL STREET PRICES...
THE LOWER THE DOLLAR GOES...THE HIGH STOCKS HAVE TO GO TO REFLECT THE "GOING CONCERN VAULE" OF CORPORATIONS...
THIS IS A CONTINUATION OF THE OLD BUBBLE THINKING IN THE 90'S...
NOT A BIT OF DIFFERENCE...EXCEPT NOW WE KNOW ITS NOT A 'MIRACLE'...AND THAT THE FED IS DOING IN PURPOSELY... TO KEEP ASSET PRICES HIGH...
THE NOTION IS THAT IF YOU KEEP PAPER ASSETS HIGH PRICED...SOME OF THAT WILL "BLEED" INTO HOUSE PRICES...
...BUT AMAZINGLY IT WON'T BLEED INTO COMMODITY PRICES ...WHICH ARE THE NEMESIS FOR THE FED'S PLANS...
IF OIL AND GOLD "FOLLOW" ASSET PRICES AND REAL ESTATE PRICES HIGHER...THEN INFLATION "BLEEDS" INTO THE REAL ECONOMY...WHERE ORDINARY POOR FOLKS LIVE...AND YOU HAVE TO SPEND MORE ON WELFARE...
THE MOST YOU CAN SAY IS THAT THE SYSTEM THAT BERNANKE HAS ESTABLISHED IS WORKING FINE SO FAR...BUT THE CONTRADICTIONS AND ANOMALIES KEEP ADDING UP...FAST!!
THE FED AND THE CONGRESS ARE BOTH ON THE ECONOMIC CLIFF... BUT SO FAR NO ONE IS TOO WORRIED ABOUT IT... APPARENTLY THE NOTION IS THAT IF WE GO OFF THE CLIFF...AND THINGS REALLY GO DOWN HILL...
ONLY THEN WILL WE BE ABLE TO DO WHAT NEEDS TO BE DONE...
DISMANTLE THE CURRENT ELITES...AND FEED THE STARVING POOR...!
IN SHORT... A 1917 IN ST. PETERSBURG SCENARIO REVISITED...!
I WONDER IF THE ELITES KNOW THIS...OR DO THEY EVEN CARE...?
THE FED IS ENGAGING IN MASSIVE CURRENCY DESTRUCTION...TO BENEFIT WALL STREET PRICES...
THE LOWER THE DOLLAR GOES...THE HIGH STOCKS HAVE TO GO TO REFLECT THE "GOING CONCERN VAULE" OF CORPORATIONS...
THIS IS A CONTINUATION OF THE OLD BUBBLE THINKING IN THE 90'S...
NOT A BIT OF DIFFERENCE...EXCEPT NOW WE KNOW ITS NOT A 'MIRACLE'...AND THAT THE FED IS DOING IN PURPOSELY... TO KEEP ASSET PRICES HIGH...
THE NOTION IS THAT IF YOU KEEP PAPER ASSETS HIGH PRICED...SOME OF THAT WILL "BLEED" INTO HOUSE PRICES...
...BUT AMAZINGLY IT WON'T BLEED INTO COMMODITY PRICES ...WHICH ARE THE NEMESIS FOR THE FED'S PLANS...
IF OIL AND GOLD "FOLLOW" ASSET PRICES AND REAL ESTATE PRICES HIGHER...THEN INFLATION "BLEEDS" INTO THE REAL ECONOMY...WHERE ORDINARY POOR FOLKS LIVE...AND YOU HAVE TO SPEND MORE ON WELFARE...
THE MOST YOU CAN SAY IS THAT THE SYSTEM THAT BERNANKE HAS ESTABLISHED IS WORKING FINE SO FAR...BUT THE CONTRADICTIONS AND ANOMALIES KEEP ADDING UP...FAST!!
THE FED AND THE CONGRESS ARE BOTH ON THE ECONOMIC CLIFF... BUT SO FAR NO ONE IS TOO WORRIED ABOUT IT... APPARENTLY THE NOTION IS THAT IF WE GO OFF THE CLIFF...AND THINGS REALLY GO DOWN HILL...
ONLY THEN WILL WE BE ABLE TO DO WHAT NEEDS TO BE DONE...
DISMANTLE THE CURRENT ELITES...AND FEED THE STARVING POOR...!
IN SHORT... A 1917 IN ST. PETERSBURG SCENARIO REVISITED...!
I WONDER IF THE ELITES KNOW THIS...OR DO THEY EVEN CARE...?
