Wednesday, August 17, 2011

Is this a pretty good description of what the Fed is doing now with its trillions in commitments of new credit?

There are other bubbles to create and then they start over. I'm not sure the Credit card bubble has burst, nor the 401K bubble. Also THe social security bubble hasn't come to past yet either. When they run out of bubbles, they will start all over again. DIdn't you tell us these things happen before . During Andrew Jacksons term and in Austria in the turn of the century.

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