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Reply to "Why is wall street ignoring/downplaying inflation?"
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[quote=Anonymous][quote=Anonymous]You can tell me "I told you so" after market crashes by 80% but, until then, I plan to enjoy the ride. [/quote] I’m riding it too. It’s nuts out there. Lotta money to be made before the crash. Terrible jobs report and believe it or not stocks rise. At the same time gold is skyrocketing in anticipation of more inflation. Wallstreet knows a rate cut is coming. That not a sign of a healthy economy. The sad part is half the country doesn’t understand a fking thing about finances. They’ll be the ones bailing it all out when we have to do TARP again or whatever in two years. My guess is democrats will inherit a crash in a few years that could be worse than 2008.[/quote]
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