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To: plain talk

I don’t think we’ve reached bottom. There is little that the Fed can do but print and any market rise from printing would not reflect a real rise in value.

We have seen that money printing in this environment has not resulted in increased money velocity which is a reflection of economic activity.

Printing is nothing more than another heroin injection.


128 posted on 08/24/2015 6:46:43 AM PDT by grumpygresh (We don't have Democrats and Republicans, we have the Faustian uni-party)
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To: grumpygresh

There is no predicting a bottom or a top really. Too many variables and machines involved.


183 posted on 08/24/2015 8:47:15 AM PDT by plain talk
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