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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Mike Johnston who wrote (86495)9/18/2007 9:32:00 PM
From: lifeisgood   of 110194
 
This should put to rest once and for all the laughable idea, as expressed by some on these boards, that Bernanke is a closet hawk, who would prove himself by being relatively tight.


Well the whole "drop money from a helicopter" suggestion he made some time ago really gave away his MO. Those of us who thought that the tiger could change his stripes were simply wrong.

He will have no credibility with regard to fighting inflation going forward. He lost any chance of that in one fell swoop today.

best...

LIG
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