04-20-2011, 11:00 AM
you can bet on it. This chart is all you need:
![[Image: ratecharts2.gif]](http://www.moneycafe.com/library/ratecharts/ratecharts2.gif)
Never in history has the Fed kept the lending rate at near zero for so long. You simply can't do that without creating a bubble and a subsequent crash. And for the same reason why it will be a lot quicker in coming this time.
Also, while the S&P YTD looks nice, when you price the devaluation of the dollar in, it is actually slightly down on the YTD:
![[Image: SPX%20DXY_0.jpg]](http://www.zerohedge.com/sites/default/files/images/user5/imageroot/bernanke/SPX%20DXY_0.jpg)
Never in history has the Fed kept the lending rate at near zero for so long. You simply can't do that without creating a bubble and a subsequent crash. And for the same reason why it will be a lot quicker in coming this time.
Also, while the S&P YTD looks nice, when you price the devaluation of the dollar in, it is actually slightly down on the YTD: