9.22.2010

Yesterday's FOMC summary

Lifted from the comments over at JDA's place, where she enjoyed it so much I thought it was worth repeating here:
In other news, the Dirty Fed said the economy is totally fu***d and they are going to debase the currency as much as necessary to keep the stock market afloat in nominal terms, and gold hit another new high.

But that's all Same S***, Different Day.

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Quotations from Chairman Varones

There are very few financial problems that can't be solved by a suitable application of asset bubbles.