inthemoney

Four Reasons We're Headed Even Higher

> Since Jason is the one who nailed the BAC calls consistantly making tons of money, while most of the moronic 'top 10' commentors on this site were the same ones who missed the rally, it's clear who deserves more respect.
It's all about making money, pride is for fools
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My mom always said, if yor friend jumps off a building, will you too? Think with your own head.

Wall Street Breakfast: Must-Know News

> ".....the research suggests the Fed should use unconventional policies to create the equivalent of a minus 5 percent interest rate."

Basically, it means we have to pay people 5% to take a loan? So, is it really a credit crisis ( i.e. not enugh credit) or borrower crisis (not enough qualified / able borrowers)? If people are too much in debt, they don't need anymore credit/ free money. And the quantative easing is the wrong prescription. The cure is to somehow decrease debt levels. The only poltically expedient solution seems to be inflation. That is what the quantative easing is about, creating inflation, not easing the credit.