He's got the MBS market cornered, and he's going to corner the Treasury market. Next comes corporates and then junk bonds, sprinkle in ABS and muni's, I'm sure he'll buy up all the issues coming out of California.
Then the big finale will be stocks.
A giant ponzi scheme is brewing as the debt bubble is propped up with more liqudity.
Bernanke = Madoff on steroids. This will end very badly.
Then the big finale will be stocks.
A giant ponzi scheme is brewing as the debt bubble is propped up with more liqudity.
Bernanke = Madoff on steroids. This will end very badly.