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capt_jmj

11/13/09 11:36 AM

#19558 RE: skidstreet #19548

Even the Fed knows they can't keep printing fiat dollars indefinitely, and all that they have printed over the last several months to reinflate/prop the market will have to be sucked back out at some point. Their hope is that Joe Sixpack will be fooled into putting his real money in again to replace their phoney money, and so far, the charade seems to be working. The only problem is that poor old Joe will ultimately be left holding the bag again. But, Bernanke doesn't really give a hoot about investors, witness their treatment of the various stockholders during the meltdown. It is only union/worker interests that are mandatory to protect.