The art of perceiving evil

Saturday, May 3, 2008

No tough choice. By reducing the interest rates, he's bringing about starvation to the world.

Hang in there. Don't get muddled up in finance.

The sheer sense of the perception of the smell of pure evil pervades around me now.

The door has been opened ever more slightly. Let us push harder against it, if not to close it, then at least to ensure that the youngest feel less pain.

That does not require a Gandhi cap. Or saffron robes either. Nor education.

Won't get fooled again.

http://youtube.com/watch?v=b3mi-bKtDGA



Buffett says the same thing - in a more technical language.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a9qMR2tesBU8&refer=home


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Bernanke may be doing the right thing for all you know - despite the unpopularity. Hiking interest rates could reduce money supply and fall in domestic consumption. Reducing it as he has done with a hope that domestic consumption will pick up could cause inflation reducing domestic consumption - tough choice indeed.

Posted by Pithaly at 10:43 PM  

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