Phil, I've been a follower for some time, and I enjoy your style and your train of thought. So, here's my 2 cents: I think there's so much printed money in the world, that all that cash, just by sheer volume creates bubbles, be it in the stock market, commodities, real estate, health care, or God knows what we're gonna come up with next. We have invented so many ways to lose money, and we keep inventing even more ways to lose that money. And as soon as we lose that money, we roll the presses again. So, maybe, we just have to pass an executive order to stop the presses, so we can focus on other human activities, rather than making bubbles. I'd love to see your take on this. peterdaskalov@sbcgloba...
Options Trader: Monday Outlook [View article]
I've been a follower for some time, and I enjoy your style and your train of thought.
So, here's my 2 cents:
I think there's so much printed money in the world, that all that cash, just by sheer volume creates bubbles, be it in the stock market, commodities, real estate, health care, or God knows what we're gonna come up with next.
We have invented so many ways to lose money, and we keep inventing even more ways to lose that money.
And as soon as we lose that money, we roll the presses again.
So, maybe, we just have to pass an executive order to stop the presses, so we can focus on other human activities, rather than making bubbles.
I'd love to see your take on this.
peterdaskalov@sbcgloba...