Registered: Oct 2003
Posts: 1938

his logic is the government can print more money than everybody else has, he really has no answers, and is so over his head. when you have to say my strongest tool in the bag is telling everybody the market is good your lost. how many times can you do the same thing and look for a different outcome? he is just blinded at this point by being arrogant or he is locked in a position he can only keep doubling down because there is no better short term course.

Registered: Oct 2009
Posts: 1615

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Quote from brokerboy:

his logic is the government can print more money than everybody else has, he really has no answers, and is so over his head. when you have to say my strongest tool in the bag is telling everybody the market is good your lost. how many times can you do the same thing and look for a different outcome? he is just blinded at this point by being arrogant or he is locked in a position he can only keep doubling down because there is no better short term course.

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Registered: Aug 2012
Posts: 216

Dec 19th 2012

" keep your hands and feet inside the ride at all times............."







" Buy and hold is not dead. It was never alive......"

Registered: Oct 2003
Posts: 1938

i am not looking to focus on investment accounts because shorting the market is a choice. my problem is he is making a fake bull market and someone needing income might take there cd money and put it in the market and get very hurt. he did not say anything in his conference but here is free money. he has no idea what to do. his answer to making jobs is free money and it has not worked in 4 years. when does he say he is wrong? what is this job officially? its insane he makes it seem like there is no bill in the end.

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Quote from failed_trad3r:

Bernanke is ruining people lives, he is ruining investments accounts and trading accounts by killing the value of money and propping up the market.

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Registered: Sep 2008
Posts: 3404

All he is doing is preventing market correction which is inevitable. You are right he ruining lives I wrote about a similar situation in the UK. You can read that here.

http://morganisteconomics.blogspot....-rates-are.html

Registered: Oct 2003
Posts: 1938

he will go down in history as the worst guy to ever run the fed. its pretty when the market goes up but wait until we see the real tab. this is called rich welfare. he had no answers in the press conference but he made it clear he will write checks even if unemployment picks up. he is basically saying big corporations please hire people i won't stop writing checks if you do i promise. i am begging you please these people think i am a fool help me.

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