To: NoLibZone
Gas prices up. Unemployment at 8.1%, and over 11% if the participation rate was the same as it was in 2007. Country in debt for trillions with unsustainable entitlements. And, after spending trillions to fix the economy, the Fed just acknowledged it failed by passing QE3 to provide more stimulus.
And the stock market has skyrocketed through all of this. I don't get this at all.
10 posted on
09/14/2012 5:56:49 PM PDT by
TwelveOfTwenty
(Ho, ho, hey, hey, I'm BUYcotting Chick-Fil-A)
To: TwelveOfTwenty
And the stock market has skyrocketed through all of this. I don't get this at all.
My understanding (and if I am wrong, I am sure I will be corrected here by my FRiends -- hopefully in a kind way) is that the stock market is soaring not because the stocks are worth more but because it costs more of our overprinted, devalued dollars to buy them.
16 posted on
09/14/2012 6:10:31 PM PDT by
LostInBayport
(When there are more people riding in the cart than there are pulling it, the cart stops moving...)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson