The Mogambo Guru Reminds You: WFD

by John Galt
May 20, 2012 22:00 ET

 

No comment is necessary.

 

This excerpt from the latest editorial from the Mogambo Guru should provide a clue for those who are ignoring reality:

 

Of course, Ben Bernanke, chairman of the Federal Reserve, so famously said that inflation is only a problem for people who buy things or put the money under their mattress to save it instead of putting the money into investments that will, hopefully, grow as fast as inflation, to which I reply, with all the sarcastic scorn and loathing that I can muster at such idiocy, “Hahahaha!”

 

Alas, Ben “Call Me Dumb-Ass” Bernanke neglected to mention (or perhaps he doesn’t even know, which would explain why his middle name is “Call Me Dumb-Ass”, although I thought that I had just made it up, suddenly giving everything a spooky, weird Twilight Zone feeling) that it is numerically impossible — emphasize “impossible” — for the majority of people to make a real, inflation-adjusted profit by investing in the stock market.

 

And the reason why it is impossible for the majority of people to make a profit by investing is contained, almost koan-like, in the question “Where would the money come from?”

 

To read the rest of the commentary, please click on the link below:

 

Hmmmmm…..

 

Just where would the money come from? Or does wondering about that make us all a bunch of Fed Dumb-Asses?

 

To read the rest of the commentary, please click on the link below:

 

Mogambo Editorial Genius (MEG)

 

1 Comment on "The Mogambo Guru Reminds You: WFD"

  1. gnorman | 20/05/2012 at 22:20 |

    Yes, we are freaking doomed.

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