Exactly. I get so tired of the myopic view of people who only view the impact of monetary decisions on asset values. Only an immature fool would attribute the majorities criticism of Fed policy with being "bears" who are short the market. That shit ended a LONG time ago.
Just curious, when Bennie & the Jets said "the worst is over" regarding housing in the summer of 2007, did you believe him? When Greenspan finally admitted to his failures, did you believe him? Again, these guys have shown zero evidence that they're capable of handling the responsibilities given to them.
Whoever says there is no inflation needs to get a clue. Bernanke will go down as the 2nd worst Fed head after Greenspan.
OK, submit your application for the job. You know more than they do, they are liers and you are not. See how many lies you will have to say when you try to manage an Economy with thousands of competing variables.
Unreal, you are making arguments and talking points that are 10-15 years behind the curve. Literally, everything you have stated thus far in this thread and many others was apropos for the mid 1990's. "Saving the few export jobs" wtf are you talking about? At this stage of the game, that ship sailed a decade or longer ago. If the cost of living were actually allowed to decline with an orderly liquidation like it should have been in 2008, THEN maybe we could have become a competitive economy. Lower cost of living = lower wages required, lower costs associated with running a business and the ability to bid for contracts in a worldwide economy. Instead, we've indebted ourselves up to our eyeballs to try and preserve ARTIFICIAL BUBBLE prices and costs. In my eyes "a little inflation is good" is a crap argument considering the balance sheets of most Americans and the chronic inflation we've experienced over the past decade. Only an academic fool would argue otherwise.
If Bernanke is "presiding" when the collapse comes, he will be regarded as worst... Just like John Law in England's history.
When bernanke says the recovery is "disappointingly slow", you know its fed-speak for "we are fooooooked."
Yes, exactly you make our arguments for us dimwit. Central Planning does not work, it appears to work for brief periods of time, but in the end it fails because you "cannot manage an economy with thousands of competing variables" AND you cannot manufacture "good" inflation while avoiding "bad" inflation no matter how much you tinker and distort the statistics.
Why is it war? If you want the dollar to be strong, why do you then say that the other currencies that are now getting stronger are at war with the dollar? There are serious logical contradictions in your argument and your insist of calling a war on currencies is peculiar to say the least. Currencies go up and down, the dollar is much above historic lows and there is no currency crisis. Only those who like to dumb their junk products in the US call war every drop of the dollar. They should learn to leave their currencies free. Were their currencies free, nothing of this would have happened in the first place. Punishment for them takes the form of QE. Now, stop the propaganda please. Enough of that currency war.