Delete comment from: Captain Capitalism
Markets move according to human emotions, mainly greed and fear. Almost all those type of market comments are complete BS. That is why most people (myself included) watch CNBC with the mute button activated.
The media always seem to portray the Federal Reserve, as having some sort of magical power. In fact a large growth period of the US economy, there was no central bank in the USA.
Thomas Jefferson was aware of the dangers of a central bank diluting the money supply. It looks like his worst central bank nightmare, has come to fruition.
Oct 8, 2010, 9:52:22 PM
Posted to Looking for a Bubble