4/17/2013

Notable Quotes


"The Fed has created a true Ponzi scheme, where more and more money has to pour into the system to keep stock prices up. If the Fed lets up on the $86 billion per month, then customers of Interactive Brokers and similar firms who are counting on new stock market highs are going to be stuck. Once stocks start falling, and the margin calls start, then there's nothing to prevent a major panic and financial crisis"

JOHN J. XENAKIS

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