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eorVia CNN, I found this headline on a Fortune article: Can Bernake keep the stock bubble afloat?
Hello! It's supposed to be a secret that the chairman of the Fed is intentionally causing assets to be inflated beyond their underlying value? It doesn't work if the marks know there isn't a pea under one of the shells. What we have is no jobs, housing values in freefall, Americans contracting their debt spending in ways not heard of since boomers learned the word "Me". Ignore all that and just pay attention to the stimulus. We can party like it's 2007.
Hello! It's supposed to be a secret that the chairman of the Fed is intentionally causing assets to be inflated beyond their underlying value? It doesn't work if the marks know there isn't a pea under one of the shells. What we have is no jobs, housing values in freefall, Americans contracting their debt spending in ways not heard of since boomers learned the word "Me". Ignore all that and just pay attention to the stimulus. We can party like it's 2007.
