正文

Bagel price increased 40% in my area.

(2008-03-19 10:52:24) 下一個
That is the result of cheap money. Bernanke is robbing poor people\'s money to save WS\' ass. But cheap money won\'t solve the problem, as simple as that.

The poor people get even poorer because of high inflation, they won\'t have any left to pay mortgages after food, gas, health insurance and other necessities. Foreclosures will continue to rise, house prices will continue to drop, yet mortgage rates won\'t drop. What Fed has been doing will only cause the mess to drag longer. So do the right thing: sell equities on rallies, buy commodities on corrections. Don\'t fight against the market, the Fed cannot, nor you and me. Good luck!
[ 打印 ]
閱讀 ()評論 (0)
評論
目前還沒有任何評論
登錄後才可評論.