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
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