If your mother does not understand what you are saying then neither do you.
Tuesday, November 17, 2009
Pump and Happenstance : Can you spot the Nancy Capitalist?
'The best approach here if at all possible is...to make sure the system is resilient in case an asset-price bubble bursts.' Large price misalignments are 'not obvious to me.' -B.S. Bernanke, the Oracle of Eccles
'I’m scared and leaders should look out.' - Donald Tsang, chief executive of Hong Kong
Market is 'not massively overvalued.' - Janet Yellen, High Priestess
The American rate stance and falling dollar has led to 'massive' speculation. - Liu Mingkang, chairman of the China Banking Regulatory Commission
It's wise to beware of 'false positives' when assessing potential asset bubbles. - Donald Kohn, High Priest
'It will not be too bad this year. Both China and America are addressing bubbles by creating more bubbles and we’re just taking advantage of that. So we can’t lose.' -Lou Jiwei, the chairman of the CIC, China’s sovereign wealth fund
'How long can this go on?' - Lee Dorsey
'Keep on with the force don't stop.Don't stop 'til you get enough.' -Michael Jackson
'The truths you hold to be most dear are lies told to you by liars.' -Anonymous Monetarist
'Dude.' -Jeff Lebowski
'For 'tis the sport to have the enginer. Hoist with his own petar, an't shall go hard.' - William Shakespeare