August 2009
6 posts
more Gavshire Hathaway quotes
Adam Schoenfeld: the dow is rockin
Gavshire Hathaway: yup, a big ponzi scheme
Adam Schoenfeld: lol
Gavshire Hathaway: amazing what happens when the government gives primary dealers billions of dollars
they can use the money to buy treasuries, collect interest on the treasuries, swap them with the fed, and use the proceeds+interest to not lend, and instead speculate in the stock market via high frequency trading and dark pools.
Adam Schoenfeld: how do you feel about the idea of giving the fed more power? I know you are a pretty big bernanke fan...
Gavshire Hathaway: I like the idea of giving the Fed a punch in the face
Adam Schoenfeld: interesting
Gavshire Hathaway: Bernanke is going to crash our financial system, as well as our currency. It's only a matter of time
he doesn't know the forces he's dealing with