Wednesday, November 30, 2011

'It's inflation all the way kid...'

Above quote from my friend Jon, in the deepest depths of the opportunity that was Armageddon '08, is proven out once again by immoral and desperate policy clerks the world over.  The occupiers really should focus their attention right here and now on the real problem, as Central Banks conspire to control their (and our) little worlds.  It will of course fail, but in the short term, they are trying to outlaw deflation, shorting, bearishness and one might say, reality.

Wonderland.

US Futures Extend Gain on Central Bank Action

Edit (10:30) Substance abuser quoted in article:

“I’m in a better mood today than I’ve been in a while,” Burt White, who helps oversee about $315 billion as chief investment officer at LPL Financial Corp. in Boston, said in a telephone interview. “This coordinated effort is a huge one. It is not a European problem, it’s a global problem. If we don’t get Europe solved, it’s going to send pretty big ripples across the globe. We really could see some upside for the market, if this momentum continues.” 

You go girl.  Enjoy your momo and associated giddy feelings.  This is some investment company's CIO?... "If we don't get Europe solved".  Geez Burt, maybe I should just dumb down and get billions to manage too.  Europe is not solved and the ripples are not going away.  The next ripple could be a tsunami, but you don't care about that, right?  After all, we got da momo going. 

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