Krugman: Gas and Food prices have Nothing to do with FED Policy

That's right. Bailouts and QE, intended to reinflate asset prices (real estate and equity), have zero affect on asset prices (energy and commodities). Brilliant. How does Krugman know which asset class is buoyed, and which isn't? Cheap money inflates stocks but not oil prices? Real estate but not the price of corn? Or wheat? Anyhow. These are the fucking idiots that run our economy.

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Quote from stephan31:

These guys have no SKIN in the game. Cushy commie jobs and cronyism.

Throw them to the lions!

Peace

Hedvig

Can you please define what a "commie" job is? Just to clarify discourse.
 
Quote from stephan31:

Well, I am in the middle of a trade--I thought he was a Fed dude.

peace

Hedvig

No alerts for targets and stops?

You should work on that, it will make your trading life much much easier.
 
Quote from stephan31:

Yea; but I don't take my eyes off of CL--it can fuck you quickly @the NYSE open, eh?

peace

Hedvig

Then I would suggest you quit trying to fly thru the eye of the hurricane, and ride the winds around the wall cloud. That's just me tho.:D
 
Quote from achilles28:

That's right. Bailouts and QE, intended to reinflate asset prices (real estate and equity), have zero affect on asset prices (energy and commodities). Brilliant. How does Krugman know which asset class is buoyed, and which isn't? Cheap money inflates stocks but not oil prices? Real estate but not the price of corn? Or wheat? Anyhow. These are the fucking idiots that run our economy.

Good point. As soon as inflation becomes high let's kill all the speculators.
 
Quote from Ricter:

Good point. As soon as inflation becomes high let's kill all the speculators.

How is that accomplished, without destroying capital markets, liquidity, and price discovery? Sorta a difficult problem.
 
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