Tuesday, September 25, 2012

How A 12th Century Mathematician Just Doomed Bernanke's Wealth Effect

I just had a phone conversation with a friend today on Fibonacci math, centered around wave theory and physics.

Coincidentally, and as predicted, each iteration of QE is yielding a shorter half-life of diminishing returns.  Some posit we are on the negative return trajectory, as the Fed piles on more debt on top of previous debt.  Kinda like a $hit $andwich.

http://www.zerohedge.com/news/2012-09-25/how-12th-century-mathematician-just-doomed-bernankes-wealth-effect

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