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To: Toddsterpatriot; Partisan Gunslinger
They tightened monetary policy, instead of loosening. Bernanke didn't make that mistake in 2008.

His (da Fed's) actions haven't exactly been a model for success either:

And have you seen the overlays of today's market with the market prior to the Crash of '29? It's eerily similar. Around the 12th of January will be an interesting topic of discussion on many of the financial news shows in coming days.

300 posted on 12/31/2013 8:23:27 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: All

301 posted on 12/31/2013 8:42:40 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant
They tightened monetary policy, instead of loosening. Bernanke didn't make that mistake in 2008.

His (da Fed's) actions haven't exactly been a model for success either:

Did we have a deflationary depression, like in the 1930s? Looks like his actions worked.

Velocity isn't a very useful measurement.

And have you seen the overlays of today's market with the market prior to the Crash of '29? It's eerily similar.

If you feel we're going to crash, you should buy some far-out-of-the-money, long-dated puts.

311 posted on 12/31/2013 2:31:11 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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