Bernankenstein

[ancona]

It looks as if PM's liked what The Bernank had to say today. We'll see how long this market can remain jubilant.

 

[pmbug]

It really amazes me that folks shift their money based upon what he says, and not what people know he has to do (regardless of what he says).

 

[bushi]

..it amazes me, that people don't just look at the numbers, and run for the hills with their heads on fire, instead of being bothered with "knowing what he has to do" - much less "listen what he says"

I don't know if I already quoted that tweet by Rickards (quoting from memory now):
"former OMC member says, OMC members spend 5% of their meeting on deciding the course of action. 95% of meeting, on the wording. There is name for such thing - it is called 'Propaganda' "

 

[dontdeBasemebro]

Bernank can talk all he wants, but it won't vanish a 16tril+ debt.

 

[pmbug]

...
I don't know if I already quoted that tweet by Rickards (quoting from memory now):
"former OMC member says, OMC members spend 5% of their meeting on deciding the course of action. 95% of meeting, on the wording. There is name for such thing - it is called 'Propaganda' "

Quoted (and sourced) here: http://www.pmbug.com/forum/f4/jim-rickards-extremely-high-risk-us-dollar-collapse-71/

 

[bushi]

Quoted (and sourced) here: http://www.pmbug.com/forum/f4/jim-rickards-extremely-high-risk-us-dollar-collapse-71/

Eh, I overdid the percentage,

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