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Re: Yellen and
QE4
Jester,
How true. I am perhaps 20% invested or so in this market, so
your rhetorical question of who would believe the scenario of what
has transpired - certainly not me. I expected that the printing
money would lead to a hellacious inflation, and perhaps ending in a
market crash worse than 2008. I really missed out on this
manipulated market. Silly me.
As pretty much everyone points out, I'm agast that the Fed has,
I think, gone waaaaayyyy beyond its mandate to control inflation.
As you know so well, they've taken so much control over a
manipulated economy, that Yellen's words are followed much more
closely than anything the Pope has to say. Probably even if she
mumbles in her sleep. It must be that the moneyed class has a large
stake in letting the Fed call the tune, that no one really has
talked seriously about absolishing this abominable institution,
which has not always been with us. Jim Rogers is the only person of
note I can recall saying kill the damn thing. And a lot of people
think he's a nutcase. And maybe Rand Paul - I don't
know.
I don't understand why nobody has asked Hilary what Goldman
Sachs *got* for her speaking engagement with them. I don't mean
just how much money, but what was the quid pro quo? The one thing
I'd love to see is Al Jazeera holding a debate for all the
candidates.
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