Thursday, October 8, 2020

Compared to putting money into one of Bernanke's banks

Not Clear to Bernanke that Stock Prices are Wildly Overvalued

Bernanke fails to mentioned that his idea of a repressive bank tax is good enough reason to raise the value of stocks. 

There are few other liquid investments, everything else ties up money for a long time.  Any long term contract denominated in tax dollars is going to suffer a Fed tax risk or fees or special rates or higher insurance fees.

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