the Truth: What more evidence do you need of a rigged absurd market than the action today?

Wednesday, February 29, 2012

What more evidence do you need of a rigged absurd market than the action today?

Todays action saw a broad sell off of "risk" assets all because Bennie didn't print.
Yet if one can believe it the economic reports out of the US were rosy.
So the economy does well but without more free money and additional leverage the market sells off.
Says it all really.

No comments:

Post a Comment

Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.” – Sir Josiah Stamp, Director of the Bank of England (appointed 1928) and reputed to be the 2nd wealthiest man in England at that time.