Tuesday, November 13, 2012
Dow's Downward Trajectory
What in the Obama plan will stimulate gains in America's stock markets? What will the Secretary of Treasury, be it Tim Geithner or a successor, do to promote economic growth? With interests rates already as low as they can go, what steps will Ben Bernanke and the Federal Reserve take to keep the United States out of a depression? The only tool left to these "leaders" is additional "quantitative easing" which actually means printing increasingly worthless fiat money. There is only one logical direction for an economy controlled by central planners and it is not up.
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