4.24.2008

Investing on Planet Bernanke

Keep all the food lines movin'
Don't come crying for more
The signs were there
You should have
Bought connections before


Wall Street Journal: Ditch the money markets and stock the pantry, 'cause Bernanke is destroying the dollar!
Reality: Food prices are already rising here much faster than the returns you are likely to get from keeping your money in a bank or money-market fund. And there are very good reasons to believe prices on the shelves are about to start rising a lot faster.

The only thing I'd add is that you might want some guns and gold to go along with that. You never know who you're going to have to bribe or shoot when the shit goes down.

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Happy Super Tuesday!