Oh, Puh-LEEZE!
But, he HAS made me some cash in my 401K through this BS manipulation - which is going to reverse and then be confiscated by Mother Government!
And let’s not forget our friend, ‘It Who Shall Not Be Named,’ lurking in the shadows - INFLATION!
RE: ‘It Who Shall Not Be Named,’ lurking in the shadows - INFLATION!
Bernanke’s apologists are praising him for our “tame” inflation. Velocity of Money ( the rate at which money in the banks are flowing to the businesses ) is SLOW.
Even Larry Kudlow concedes this.
“But, he HAS made me some cash in my 401K through this BS manipulation”
Asset inflation as the value of dollars drops.