Courtesy of Mish.
Daily Reckoning founder Bill Bonner thinks central banks are waging war on the markets. He also believes they will lose.
I wholeheartedly agree with Bonner’s rationale. Let’s tune in.
This is a guest post courtesy of Bill Bonner and the Daily Reckoning.
Why the Feds Will Lose Their War on the Markets
The markets continue to dawdle. Not much conviction in either direction.
We’ve already looked at the War on Poverty, the War on Drugs and the War on Terror.
So let’s move on…using our new lens to look at another of the feds’ fake wars.
Dirty War
No war was ever officially declared against the markets.
