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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (69073)	5/2/2008 11:15:24 AM
From: blazenzim	Respond to of 74559

Bernanke has done everything the politicians, bankers and sheeple want him to do. He's lowered rates to 2% while inflation rages at 5%+, he's printed hundreds of billions and given it to his handlers at the banks/brokers and has given his nod to any and all stimulus plans. The only thing that could derail him is a spike in long term interest rates. I'm certain he has a handle on that also via a modern day Operation Twist and recycled trade dollars. Given a choice, most people would prefer to be employed while suffering through inflation rather than unemployed and have price stability. The sheeple are loaded with fresh tax rebate checks for the weekend. Expect restaurants and the malls to be packed.