Email exchange with Warren Mosler. Please see his comments in BOLD. From: Warren Mosler Date: Sun, 5 Jun 2011 18:52:35 -0500 To: Subject: Re: On Thu, Jun 2, 2011 at 1:44 PM, Bob Kurlander wrote: HI If you have time can you comment on QE2 and this article below for Wall And Broad Report post. Everyone is worried that QE2…
Fred sent me this tonight. This is awesome and explains it simply and then some. Perfect timing! Totally funny too and explains the FED as well. Buy weakness in the markets. We are most likely in a bottoming area.
Some parts of this Report are very good, and some are questionable ( like the Fed Manipulating the stock market), but overall I learned something good from reading it. Bottom line, we believe still that Bernake and the Fed gets the grade “F”. Therefore I have decided to post this direct link to the full report/letter for all. http://www.gmo.com/websitecontent/JGLetter_NightofLivingFed_3Q10.pdf
This below is also one of the main reasons why Hitler came to Power. Art Cashin On The Coming Hyperinflation We present today’s thoughts by Art Cashin on the coming hyperinflation (and no, it does not mean very high inflation – it means a complete and total collapse in the monetary system – which is what Ben Bernanke is attempting…