Posted on 04/25/2013 3:58:53 AM PDT by blam
Ha, I saw that and didn’t even feel the need to make a rebuttal. Somebody who sold silver yesterday sold it to me.
If it had never happened so many times, and so places before, I would call this hyperbole.
It seems to be inevitable!
Not. Real unemployment already around 16%, and considering the employers who are also unemployed, Democrats have destroyed 20% of the economy since mid-term election 2006 when Pelosi/Reid stopped managing expenses and started the path to exponential government growth.
Other thing is stocks are one way to beat inflation, and with the fed printing cash electronically (faster than mechanically), you know inflation is coming.
I’m not buying the bear argument until there is no more profits happening.
The sooner the better... I agree with you.
LLS
The elderly and those close to retirement are getting it on the chin with these low interest rates for savings and investment. Surely at age 65 one would be very cautious about dumping a boat load of cash into the markets. What will we do? Interest rates are being held artificially low for one simple reason. A 1% rise in interest rates would add hundreds of billions to the national debt. 2%, close to a trillion.
Rock and a hard place I'd say. Uncle Sugar is not getting the economic punch they'd hoped for by lowering the base rate and are now trapped.
Sooner or later, the liquidity pump is gonna dry up and the markets will correct. Skeptical? Take a look at the historical data on the markets when stimulus dollars stopped flowing into the markets.
Didn't take but a couple of months after the end of QE1, 2 and Twist before the Fed's began pumping once again as the markets began to decline due to the lack of economic activity.
So it goes.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.