Wednesday, March 17, 2010

FREE MONEY

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The miscreants running monetary policy through psychological projection of malinvestment have the general population thinking the lower left corner of this chart is in fact Low Risk and Low Return......... the perceived cost of capital is zero....so says the chairman....and will continue to be so for an extended period of time....more bubbles??

But wait....we have currency devaluation, increasing taxes, inflation, transaction fees and personal expenses....

It should be no surprise....nobody has made any money on any of their investments for over 12 years now.....sitting in the lower left will now start to really lose money.....stocks go higher.....hard assets are under intense accumulation.....oh ya...the media says those are bad investments.

People have become too colorable/ gullible

There are only four ways out of debt.

1) Default
2) Implicit default via inflation
3) Spending can be cut
4) Taxes can be raised

Which do you think will prevail.....and which do you think is the first choice of all the central bankers on the planet......without telling you??


Danny Boy not seen here in a rare departure from no photo...to make a point.....all of our friends only talk about bonds and their comfort in them.....