Home > investing, Stock Market > The limitations of a Ponzi market…

The limitations of a Ponzi market…

…The Fed’s QE’s sure have ramped the markets effectively in the last few years, but their efforts only help those with access to the Fed’s free money, and/or enough invested to make up for price inflation and/or currency deflation.  In other words, it continues the Fed’s policy of punishing savers by fishing for new debtors with interest rates that devalue the currency and invite inflation.

Looks like that policy is working well.  At least for Bankers.  From Zero Hedge, a Misery Index update:

What recession?

Good times.

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: