President Barack Obama Message Board

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Politics : President Barack Obama

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To: ChinuSFO who wrote (143932)	6/28/2014 3:32:19 PM
From: RetiredNow	Read Replies (2) of 149317

Bad news is good news for Heroin addicts. They figure that the Fed will keep printing if the news gets worse and worse. Think about this for a second, Chinu. If the economic figures get worse and worse and the Fed prints more and more, the stock market can continue to go up and the gap between wishful thinking and reality gets larger. When the two converge again, and they always do, then the pain will be all the worse for it. The Fed is just creating another bubble and it will come back to earth. When? I have no idea. This bull market is already long in the tooth. I've more than doubled my net worth since 2009. How many of the 99% can say that? The Fed is engaging in reverse robin hood and every insider knows it. It's the worst kept secret in history.

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