President Barack Obama Message Board

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Politics : President Barack Obama

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To: tejek who wrote (112314)	4/10/2012 1:53:25 PM
From: RetiredNow	Read Replies (1) of 149317

Any comments on recent market action? It seems that the minute Bernanke started muttering about not doing QE3, the market has stumbled. This is the problem with government intervention. It trains market and economic participants to become reliant on it and then it gets very hard for the government to normalize. It is the inherent flaw with Keynesianism and Bernanke's endless bailouts and monetary stimulus. Heroin to the heroin addict and now the supply has run dry. Oops.

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