market ace

Helicopter Ben Turns into Ballistic Missile

I think people wanted the Fed to act, but to act resposably not with insane policies. bernanke is not putting any floor under prices, but will artificially raise them - does the word buuble come to mind.

All he is doing is causing the interest rates to deflate (killing retired investors), proving no one will buy US debt any longer so he has too and setting the stage for hyper-inflation.

As long as the market is not allowed to wprk and re-balance the extreme inbalance in debt over rreal assets no recovery can ever happen. Get ready for the great depression that Bernanke is pretending to prevent.


On Mar 18 06:12 PM Veneratio wrote:

> What is wrong with you guys? Honestly.
>
> You complain when the Fed doesn't act and now you complain when they
> do act. Have any of you studied the Great Depression and seen the
> result of Government inactivity?! Bernanke is finally putting a floor
> under asset prices which is what we need before a recovery is possible.
> I understand we are financing this with more debt, and I understand
> our balance sheet is abysmal. But unless you want to go into another
> depression, this is what needs to be done.
>
> And for all of you inflation-heads, start taking a global perspective
> and you will see inflation is NOT going to be a major problem. Our
> communist friends will continue to hand us billions of dollars year
> over year and other countries will follow suit as they look to stimulate
> their own suffering export-based economies.
>