Saturday, May 05, 2018
Goldilocks Economy And The Bears
If I heard it once I heard a thousand times: "We are in a Goldilocks economic environment." As per the childs fable "It's not too hot and it's not too cold". It's just right.Investment advisors are not known for their sophisticated prose. But they can sure lie cleverly. Our economy rests on pallets of fiat money. Since the Great Recession literally trillions of dollars were printed and put into the system at zero interest rates.What's more our constructively criminally irresponsible congress spends trillions on government stimulus. Bottom line question: "What's the real economy minus all this quasi opioid fiat money"? What about the bears? Goldilocks disturbed the bears.She got away in the fable.But in real life today the bears wants Goldi's ass.They will get it.
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