Wow this market moves up so easily

Quote from failed_trad3r:

well officially the game type was created when paper money and banks was invented, but reagan was sort of the guy that started a "new game" in 1980 and bernanke is like the 5th or 6th player of this "game"
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That era was known mostly for rate hikes under Volcker to quell inflation. It has very little to do with what's going on now.
 
Quote from jsp326:

That era was known mostly for rate hikes under Volcker to quell inflation. It has very little to do with what's going on now.
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Wrong. The growth rate of debt in the 1980 is similar to today. Much more then compared to pre-1980. You can clearly see a "game" being started in 1980, if you put up a debt chart.
 
Quote from jsp326:

That era was known mostly for rate hikes under Volcker to quell inflation. It has very little to do with what's going on now.
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now is the tailspin of the greenspank bubbles,carried on by ben,kicking the can since mid 80's
 
Quote from failed_trad3r:

Wrong. The growth rate of debt in the 1980 is similar to today. Much more then compared to pre-1980. You can clearly see a "game" being started in 1980, if you put up a debt chart.
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What you write of sticks out like a sore thumb whenever looking at a graph of government debt or inflation. And when you fit those graphs in the period 1982 -93 to a straight line the x-intercept comes enough to 1971 to strongly suggest that Nixon's order to stop letting France have any more of our dwindling gold supply had everything to do with making this ballooning debt, and consequent inflation, possible. In fact the interception point is somewhere in the mid to late seventies, right where you would expect it to be, since it took some time for the result of going to fiat money to kick in.
 
looks like the bad retail data losses in the mkt are all but wiped out today on the Bernanke talk... but the day is still young tons of upside to go in this market day.

Can't hold down a good market!
 
didnt we just have 7 of 8 down days in the market? and on 1 short covering rally and Bernanke speech and presto back up to highs!
 
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