Flooding The World With New Currency Is Getting Old

Political Outcast ^ | February 1, 2014 | Mark Horne

[Tolerance Sucks Rocks]

A person begins heavy drinking in order to get drunk and stay drunk. Eventually, unless he stops and deals with reality, he drinks just to stay sane—until his health collapses. Likewise, a person may get high from heroin but later need the drug just to stay functional. Creating continual flows of new currency “stimulus” works in a similar fashion on the economy. Thus far, the Fed’s (now slightly reduced) monetary stimulus has kept the stock market rising.

But there are signs that the drug may no longer work to get Wall Street high. According to the Financial Times, “Stocks suffer worst January since 2010.”

[Tolerance Sucks Rocks]

Anybody with any financial sense knows this QE-whatever could be far worse than Global Warming (TM).

[Tolerance Sucks Rocks]

Yep.

[Jet Jaguar]

Bump