“The key question for me is: How many times can the Fed decide to do the same thing and expect a different outcome? Fool me once, shame on you. Fool me twice, shame on me. Fool me a third time … shame on gullible hedge fund managers! But maybe, just maybe, this time a majority of investors will understand increased monetary stimulus isn’t helping the real economy. And that will affect how they move money. That’s because what is going on right now is not stimulus by any means. It is plain and simple: Financial Repression.”
http://www.moneyandmarkets.com/how-many-times-can-the-fed-play-this-hand-50351
Related posts:
Marc Faber: What Happened In Cyprus Will Happen Everywhere
Portugal May Become the First of Europe’s Bankrupt Welfare States to Recover: Less Spending AND Lowe...
Government Student Loan Program a Scam?
Bill Bonner: Get Ready for QE4
American Cops Don't Belong in Canada
Good News from Russia
Don't Photoshop Obama
What Do Americans Know That Their Government Doesn’t Know?
Bill Bonner: Gold 2.0
Confronting America the Torturer
No Military Coups for America? What About November 1963?
Oil Goes Down, Bankruptcies Go Up
Bill Bonner: This is not a normal economy at all
"Tax Justice” Report Provides Renewed Justification for Offshore Crackdown
Peter Schiff Global Investor Newsletter - March 2013