Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything. Is the government STILL lying about inflation?
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Bernanke is depressed? John, he has a fucking job, home and family, none of which I have since November 2008. F him and his QE2.
The only thing the Smart phones are going to do..
is isolate GROUPS as to their needs.
The business person is going to use it as a GIANT PDA..
The KIDS, movies/chat/games
The problem is they are Pushing it as an EVERYTHING device. and they arent.
Completely lost interest in this one guys.
OF COURSE China has 4% inflation. They spent epic money getting back on track, inflation means it’s working.It’s hard to get out of the mud, easy to step on the brakes.
We on the other hand spent enough to “not crash”, but not near enough to get going. We ought to TARGET inflation at 4%.
Saying that people are afraid to spend money because of “the specter of inflation” as Mr Horowitz did is simply absurd, and right where I tuned out.
You’re brilliant at what you do Andrew, skip economics – your comment is political tripe only.
If you guys think they’re lying about inflation, why aren’t you in bonds.