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

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To: Mike Johnston who wrote (90755)1/24/2008 2:49:29 PM
From: sea_biscuit  Read Replies (2) of 110194
 
The deflationists are wringing their hands as the Fed pulls trick after trick after trick after trick after trick to goose up the stock-markets. Every time the deflationists proclaim that the Fed is powerless and has run out of tricks... presto! - the Fed pulls another rabbit out of the hat. :-D

The deflationists react that the trick would not work and that the Fed is out of ideas. And then we start all over again!

If only the deflationists argued that stocks will go down in terms of a tangible asset like gold, they would be dead right. But their argument is that stocks will go down in terms of paper pieces called dollar bills (that the Fed can print in TRILLIONS). That is why they will be dead wrong.
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