Accepting the Obvious

Friday, November 6, 2009, 4:40 PM
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What if we were to just accept the fact that the government and the Federal Reserve are interfering in the stock market to engineer higher prices?

While I have long maintained that this is indeed the simplest explanation for the market behavior we've been seeing, it remains speculation because we have no audit of the Fed to either confirm or refute the idea.

But what if we could just accept that it was true.  How would that change anything in our lives?  Would we invest differently?  Would we have a darker or brighter view of the future?  Would we calculate that risk had been improved or worsened?


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