Hi Jack, Tomorrow is circus, today is the parade with clowns and elephants. Your assumptions are valid. Ben wants to get the public on his side, but the public can't get behind enriching banks and Wall Street while punishing the middle and lower classes with inflation. When's the last time the rich gave a fig about inflation? I don't know about Buffet's politics, but he is absolutely right about the schism widening between the rich and everyone else. Ben's show just reminds the screwed about how he is doing it and denying it. But, we play each day as it comes and today is a parade...
Steve
ReplyDeleteOk, GDP 1.75%, QE2 ends, No rate hike, Fed on the exit slowly, dollar terns up, markets start to correct.
Jack C
Hi Jack,
ReplyDeleteTomorrow is circus, today is the parade with clowns and elephants. Your assumptions are valid. Ben wants to get the public on his side, but the public can't get behind enriching banks and Wall Street while punishing the middle and lower classes with inflation. When's the last time the rich gave a fig about inflation?
I don't know about Buffet's politics, but he is absolutely right about the schism widening between the rich and everyone else. Ben's show just reminds the screwed about how he is doing it and denying it.
But, we play each day as it comes and today is a parade...