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Thursday, November 11, 2010
Criminals, Dynamite, and Heroin Injections
"Apparently the criminals who run these trading operations are willing to put it all on red that the Fed will never respond to the runaway in commodities and its stranguflation effects. My sense is that they have strapped dynamite to themselves and are daring the Fed to act. I don’t even pretend to know or even guess as the cluelessness of pumping up a stranguflationary hurricane, so the key is to focus on real economic effects, which are horrifically negative. That way I don’t really have to wait with baited breath for every Fed heroin injection into the patient or protestations from financial gangsters, I just know the patient is dying."