Reply #60: Indeed there is.

[TheWatcher]

As I said in a post last week, (or maybe the week before, it all runs together these days) there have been projections as high as 16,000 on The Dow if Quantitative Easing 2.0 goes fully as planned.

However, what this will do is doom the dollar, destroy personal purchasing power, and be very inflationary. Already today, all of a sudden you are seeing Loving, Trendy, Helpful, Chirping Headlines of "Oh, we have just got to get used to rising Food and Energy Prices, it's the new normal, and we should embrace the new prosperity that our Lords and Masters have created for us."

I find it hilarious that none of the "Better Informed Minds" have slung any mud from under the bridge today, with the Market up so absurdly.

Maybe some of them have actually bothered to LOOK at a Chart of The Dollar, and are somehow figuring out the game.

I seriously doubt it though.

Dollar devaluation is a conspiracy, does not exist, and is right up there with Big Foot and The Lochness Monster, and anyone who speaks of it hates Obama, needs to be on Meds, is a terrorist harboring a closet full of Printer Cartridges, and should be immediately deported and stripped of citizenship.

I hope the Recovery bullies will remember yesterday and today, because it marked the beginning of the end of the current Bubble.

Yes, you might get to have a rising Market for awhile, and you can watch everyday with glee as your Electronic Poker Chips light up the scoreboard with promises of Fiat Utopian Nirvana

Enjoy the party, rubes. get out there and do some foaming-at-the mouth speculation in the World's Largest Casino while you can. Put everything you've got into it, and continue to giggle and snicker, bully, and chastise others while your shiny fiat is quietly devalued and destroyed by TPTB who are laughing their asses off at your infinite gullibility to be mindless Borg, and do as you're told.

Keep believing that the market is going up because of confidence in the fed and the economy, and not because The Market Is Appreciating Assets According To Float Of Dollars. (Inflation Of Asset Values.)

On Edit: As well as artificial manipulation from HFT Alog-Robo's and the usual suspects. (Hey, have to sneak in that kooky meme stuff, otherwise the True Believers might actually LISTEN for once, and that would break my fucking heart) :sarcasm:



Keep ignoring the rising Unemployment, inflation in Food and Energy, Falling Wages, loss of purchasing power, and all the other signs of rot and erosion that become more and more obvious every day.

Keep preaching that hyperinflation is a good thing.

You've got about 24 months at the most before the Train Comes off the Track Again, and a hallelujah Chorus of "No One Could Have Foreseen....."

But NO COMPLAINTS when it happens.

This is what you wanted, asked for, demanded and rolled over and licked boots for.

After all, you're the smartest rubes in the room.

Congratulations America.

You Got Exactly What You Asked For.