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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Real Man who wrote (383715)4/7/2009 2:08:11 PM
From: Tommaso  Read Replies (1) of 436258
 
>>>As a comparison, when FDR revalued gold, this corresponded
to "only" 75% increase of the base. With 1.5 Trillion to
be printed, the Fed is going for 200% increase of the base now!!!<<<

But the effects of the inevitable inflation may not bite the equity markets hard until interest rates are forced up and the money supply undergoes some kind of restraint.

So there could be a year or more of easy money partying just as there was in 1972, except a wilder party.

If I can get out of my very recently renewed SRS position with a respectable little profit, I am going home and sleep off my last little bear-binge and let whoever wants it drink up what's in the punch bowl. Did anyone besides me on this thread ever hear of Purple Jesus?

EDIT: Google finds over 100,000 Purple Jesus references, no reply needed on that.
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