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Zimbabwe Ben Rides Again


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I guess he was serious about that helicopter thing. But they have an uphill battle ahead to offset the destruction of debt in the money markets. Today's market action was drive for show. Tomorrow they putt for dough.

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Full Disclosure, from the LESSON LEARNED DEPT.

 

Good news, I made good money today on the options I bought on Friday.....

 

Bad news, I panicked in the melt-up and I SOLD TOO DAMN SOON!!!!

 

If I held 'til the end of day my 65% would have been more like 100%+

 

DAMN IT!!!!!!

 

Time to go kick something.....

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Some of us gave Heliben too much "credit."

 

Does he deserve any? Hardly, nor any blame.

 

There's a Fed Chairman manual on what you have to do in particular circumstances; every moron who assumes the post has to do it.

 

Panic = 50 basis point cut.

 

Anyway, will be definitely diversifying out of dollar assets on any dollar spikes in the future. These are not speculative, rather, just preservation of capital decisions.

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Full Disclosure, from the LESSON LEARNED DEPT.

 

Good news, I made good money today on the options I bought on Friday.....

 

Bad news, I panicked in the melt-up and I SOLD TOO DAMN SOON!!!!

 

If I held 'til the end of day my 65% would have been more like 100%+

 

DAMN IT!!!!!!

 

Time to go kick something.....

608673[/snapback]

 

I sold half my dongs about 2/3 of the way up.... but no regrets.

 

Hey, this is a marathon after all, not a dash. :)

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Love N. Roubini, he has it all figured out,

 

50bps cut in the Fed Funds rate may be too little too late....

downside risks of a hard landing (recession) are now large enough that doing 50bps was the minimum necessary to try to prevent a hard landing. In my view this is still too little too late.

 

So, guesses all around, how far up can we go until Joe6 sniffs inflation? I'm thinking 'a lot'!

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WEIMAR!!!

 

http://en.wikipedia.org/wiki/Hyperinflation

 

"In economics, hyperinflation is inflation that is "out of control," a condition in which prices increase rapidly as a currency loses its value. No precise definition of hyperinflation is universally accepted. One simple definition requires a monthly inflation rate of 20 or 30% or more. In informal usage the term is often applied to much lower rates."

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Hypertiger is back for keeps

 

post-2479-1190147252.jpg

 

Everything I have posted to this point is the 100% truth...You don?t have to believe it...

 

The difference between what others have said and what I?m saying now is that they don?t understand/comprehend Basic mechanics of the system...

 

Stages of Debt backed bt Debt fractional reserve banking...

 

1 Inflation of debt and the destruction of savings.

 

Once the maximum potential debt inflation is reached then...

 

2 Deflation of debt and the destruction of equity.

 

If debt inflation can not be restarted then a hyperdeflationary implosion of debt is the result which leads to...

 

3 Bankruptcy of the banks, Collapse of the economy and the consolidation of power.

 

The above is not taught in fractional reserved funded schools or other educational institutions...

 

I?m not trying to sell anything...You either comprehend it or you don?t...It took me 8 years...

 

This is just info I put here...I have my hands full on other boards putting scoffing idiots in their place...

 

I know more than bankers and economists... They are clueless...just pigs at the trough...

 

Hypertiger on stool, few years back

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