Sep 11, 2012

For some reason I'm not too cheerful this morning. Don't know why. The weather is suburb. I have hunted and gathered about all the renewable, sustainable  biomass I'll need for the cold months ahead. A naggy problem with Rusty Red, the  F150 wood hauler has been found and fixed at no cost, right here in the Camp J motor pool.

Maybe it's just a piece of undigested roast beef degrading my emotional innards, part of a rump which, by the way, costs upwards of five bucks a pound in these days of drought, the warp-speed money press, and the ethanol mandate.

Aha. That's it, and if I gotta be a little grumpy I have a right to suck away at your happiness, too.

Bernanke is probably about to screw with our money again, and even some of the world's big bankers are going public with warnings. Printing money willy-nilly is a heck of a lot of fun, they admit,  but it's a little like Wild Turkey. Too much and you find your soiled self collapsed in the weeds, wondering what the Hell happened.

we think we will get on-going synchronized QE [quantitative easing]. Central banks will have to print more money and this will continue to drive up inflation expectations." 

Yeah, the Fed bosses are meeting this week to decide how much more of your savings account they should steal by tapping the keyboard a few times to create  more magic money. 

They'll tell us Thursday.  All the experts say they will QE3 us. The guru in the above cite says they should do something far more intelligent: nothing. Fat chance.

2 comments:

mohave rat said...

anybody who likes Travis McGee is alright with me. You are cordially invited to join my blog as I have yours. stop by when you get a chance. the rat

Jim said...

Thank you, Mojave -- along with my apologies for the delayed response. I've added you to the blogroll.