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Old 03-26-13, 12:20 PM   #1
STEED
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Quote:
Ben Bernanke Takes Questions At Federal Reserve Press Conference

3:00 PM: We are not targeting asset prices or measuring our success by the stock market. While the Dow may be hitting a high, it's in nominal terms and not real terms. I don't think it's all that surprising that the market would rise, given the increased optimism in the economy, and profits are high.

Read more: http://www.businessinsider.com/fomc-...#ixzz2OfRHZF55
Was that a slip?
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Old 03-26-13, 01:34 PM   #2
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What are these 'savings' yoo speak of?

I'll get my coat

Cheers

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Old 03-26-13, 01:44 PM   #3
HundertzehnGustav
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no savings here.
he who only has money is the poorest of all.
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Old 03-26-13, 06:50 PM   #4
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Well, using that logic I'd certainly feel happy being the poorest person on this forum
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Old 03-26-13, 07:03 PM   #5
STEED
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Quote:
Originally Posted by Jimbuna View Post
Well, using that logic I'd certainly feel happy being the poorest person on this forum
Get behind me rich man.
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Old 03-26-13, 08:05 PM   #6
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Money may not be everything in life, but try to do without it.

Gold will be traded when steel coins and paper notes are no longer, and having something of value to trade helps to get food, shelter, and more.

Philosophic deep insights into the transitory nature of things will not help you to bypass the very real necessities of ordinary life once it stands before you and bites you in your face.
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Old 03-26-13, 08:28 PM   #7
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Skybird, you can't eat gold. Expecting something of little intrinsic use-value to be regarded as 'wealth' in a situation of economic collapse is foolish.
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Old 03-26-13, 01:40 PM   #8
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Quote:
Originally Posted by STEED View Post
Was that a slip?
I don't know if that was a slip, but, if you look at just the stock market alone as a indicator one would conclude the economy is good.
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