
“Investors trust the Federal Reserve to protect their money…just as the Fed makes their investments less trustworthy! Because the more influence the Fed exerts over prices, the farther they move away from where they ought to be. Ah yes, dear reader, that is one of the curious, always-fascinating feedback loops that keeps life on planet Earth ‘normal’. Whenever things get too weird, something intervenes to make them less weird. And one of those things is a certain Mr. Market. It’s all very well for investors to believe the Fed won’t allow them to lose money. That’s what makes it possible for non-delusional investors to make a lot of money.”
http://www.dailyreckoning.com.au/us-market-crash-alert/2013/08/23/
Related posts:
Bill Bonner: Is Ms Yellen making history?
Historic Gold Crash. What To Expect Next [Bearish]
Back to Politics
Trump's imaginary immigration problem
NGO Lies, US Government Ties, and Pu**y Riot: Who Are the Real Monsters?
The Deep State’s Christmas Present to America: Surveillance That Never Ends
Bankruptcy Litigation Does Not Generate New Wealth
The Wacoization of Chris Dorner
Hey Ron Paul: Bitcoins really do fit in your pocket! May I explain?
The Neocon and the CIA Drug Lord
Bill Bonner: Why the Sell-Off in Gold is Good News
Don't Let Bitcoin Morph into Govcoin
Our Rulers’ $1.5 Billion "Backup Hard Drive"
Marc Faber's response to price drop in Gold
Ron Paul: Federal Reserve Steals From the Poor and Gives to the Rich