from King World News
With continued wild trading this summer in global markets, it’s all about Japan, helicopter money, cold fusion and the disastrous endgame.
By Bill Fleckenstein President Of Fleckenstein Capital
July 14 (King World News) – Overnight markets were all higher and the world was once again a-twitter over the concept of “helicopter money.” But once again, the pundits and the press are getting the descriptions wrong. Just like they talk about minimal inflation rates as “deflation” because they are scared of a depression, which is what they think deflation means, or refer to a 20% move as a bull or bear market, they are now mindlessly labeling the next step in monetary debasement as helicopter money…