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Old 08-12-2013, 09:46 AM   #1
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Peter Schiff - A-Rod Would be a Better Fed Chairman Than Bernanke or Yellen !!!

Peter Schiff - A-Rod Would be a Better Fed Chairman Than Bernanke or Yellen !!!

taking shots at current and future fed

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Old 08-14-2013, 01:51 AM   #2
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I think Bernanke might do some tapering, then Yellen will destroy the dollar.

I guess they will keep getting us drunk with Bernanke's tapering talk... I think it is indeed possible for them to taper. So what if they taper? That would hold on for a short while, the dollar could gain some strength, but eventually more bubbles will pop and Yellen will give us a stronger QE4 than anything we've seen before!

Tapering might come, but it will be the silence before the storm.

Honestly: Bernanke seems more sympathetic to me than Yellen. When I see Yellen witch, I get the creeps.
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Old 08-14-2013, 04:53 AM   #3
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Originally Posted by Potemkin View Post:
I guess they will keep getting us drunk with Bernanke's tapering talk...
if somebody is paying ANY attention to what Bernanke or other politicians are SAYING, instead of what they actually DO, he needs his head checked.

Originally Posted by Potemkin View Post:
I think it is indeed possible for them to taper
I think you are very much mistaken.

Originally Posted by Potemkin View Post:
So what if they taper?
I'll tell you what: even when Bernanke farted in the direction of the tapering tap -the market sold off immediately, so they needed to do immediate damage control and release next communication, that was sterilized from ANY tapering mentions.
So, if they indeed DO taper: the market (and with it, the so-called "recovery" - which consists of market bubble, and housing prices resuming their frothy creep up), goes belly up, and we have 2007 times two - because in the meantime, the total amount of indebtedness in the financial system, went WAY up.

Originally Posted by Potemkin View Post:
Tapering might come, but it will be the silence before the storm.
tapering WILL come indeed, but it will be forced, disruptive event, not orderly planned one.

Originally Posted by Potemkin View Post:
Honestly: Bernanke seems more sympathetic to me than Yellen. When I see Yellen witch, I get the creeps.
see, that's the core problem: people, who vote idiots in, because someone "looks better", "feels better", has a nicer tie, or a better haircut. So what, what is the MATERIAL difference between them? Same as between Obamney vs. Robama??
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Last edited by bushi; 08-14-2013 at 05:08 AM.
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