
IPFS News Link • Political Theory
America Is No Longer A Republic Or A Democracy
• zerohedge.comLast week was bad for the dollar, but good for US stocks. On Friday, the greenback capped its worst five days of trading in four years. The Dow rose another 168 points – or nearly 1%.
This took place after Madame Yellen, proprietress of the House of the Rising Stock Market, said she would neither be patient nor impatient about raising rates.
Investors drew the obvious conclusion: She has no idea what she is doing. Until she finds a clue, or is startled out of her paralysis by events, it is business as usual.
The piano player will keep his head down. The bartender will keep the liquor flowing. The cardsharps will keep pulling aces out of their sleeves. And the girls upstairs will continue plying their trade.