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Daily Archives: November 5, 2010
David Stockman: QE2 is "high grade monetary heroine"
David Stockman former budget director in the Reagan administration, on lies the Fed is telling markets and the farce of QE: “Some people will tell you that crack cocaine is the most incredible high ever. Okay, I say, let's concede … Continue reading
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Note to Fed: you are stimulating the wrong things
This chart of our jobless recovery to date speaks volumes:
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Fed's reckless insanity will end in more capital destruction
No thinking person can feel good about the insane surge in asset prices over the past two months. Actually it is horrifying. The US Federal Reserve is flooding capital around world markets with a fire hose. And the content of … Continue reading
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