#1 Fri, Jul 15, 2011 - 10:01am So consumers feel worse and thus spend less so The Bernanke's fears of deflation grow so QE3 gets little closer so stocks go up because people have less confidence.
Right?
Edited by: Violent Rhetoric on Nov 8, 2014 - 5:05am
—
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty.
This is known as “bad luck.”
~ Robert Heinlein
