Monetization Mania: Federal Reserve Ready to Start Buying Treasuries

My idea is the following:

1. Somebody made a lot of money sell the overpriced CDO's to fools.

2. They, these somebodys'are hording cash somewhere. A Swiss bank perhaps.

3. The dumb government is printing money, like it going out of style, to put back into circulation what has been taken out and stored in banks.

4. Just when there is a restoration of monetary equalibrium, the SOBs who are hording the cash will start buying assets or start another war. Make big, big bucks at the cost of the poor.

5. Inflation will then go rampant "increasing" inflation, the value of their assets only to get "richer" than the mind can imagine.

6. The SOBs will own everything in the world and you, we, will be welcomed into a slavery in which the human mind can't imagine.

sawtooth of CA 2:10PM January 28, 2009