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Fed Statement Word Cloud

Tyler Durden's picture





 

One is real, the other, like the market, is completely fabricated.

h/t Not_Jim_Cramer

 


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Wed, 01/30/2013 - 15:41 | Link to Comment Gypsyducks
Gypsyducks's picture

Corzine for Fed Prez Bitchez!

Wed, 01/30/2013 - 15:42 | Link to Comment The Juggernaut
The Juggernaut's picture

"Recovery" is so small

Wed, 01/30/2013 - 15:47 | Link to Comment Lohn Jocke
Lohn Jocke's picture

Which one is which??

Wed, 01/30/2013 - 15:48 | Link to Comment kaiserhoff
kaiserhoff's picture

Where is "kick ze can"?

Wed, 01/30/2013 - 15:52 | Link to Comment DaveyJones
DaveyJones's picture

In the headline, I think they should put the words Fed and Cloud closer together. Perhaps one inside the other.

Wed, 01/30/2013 - 16:13 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Bernanke's sole legacy is the (very much flawed; nay, make that literally insane) 'virtuous circle' macroeconomic theory that he has incessantly harped on, as it's the only metric he or anyone else in fractional fiat central bankster land can point to as some-- any-- evidence that their 3 1/2+ years of massively pushing on a string has had a cause-affect relationship (even if it's a massively inefficient one, to the point of being net-negative in terms of impact on real economic activity/growth).

So, even though Ben's 'virtuous circle' isn't a beneficial policy in terms of real economic activity (the opposite is true), doesn't increase real GDP growth (the opposite is true), stimulating aggregate demand (the opposite is true) or truly helping drive unemployment/underemployment rates lower (his 'virtuous circle' detracts from further hiring), and is just another in a long line of "intentional bubble blowing to mask/cover up the rot, for the time being, that exists in the actual foundation and pillars of the actual economy" (much like the dot.com and housing bubbles did, that were also fractional fiat blown byproducts of central bank insanity)...

...it's all Ben's got.

When the 'virtuous circle' can't be "spoken of" anymore (as the bubbles he has helped inflate have popped), what will Ben talk about on 60 Minutes interviews?

Wed, 01/30/2013 - 16:23 | Link to Comment richard in norway
richard in norway's picture

Commitee has not been used so much in any other fed statement, is this ben trying to cover his back? Maybe it not his fault, the commitee made him do it? Lol

Wed, 01/30/2013 - 17:39 | Link to Comment sitenine
sitenine's picture

I didn't see the word ponzi in either one, so I'm betting they're both fake.

Wed, 01/30/2013 - 15:47 | Link to Comment localsavage
localsavage's picture

We need more ink

Wed, 01/30/2013 - 15:48 | Link to Comment ShorTed
ShorTed's picture

Literally and figuratively.  Nice musket btw.

Wed, 01/30/2013 - 16:01 | Link to Comment Stoploss
Stoploss's picture

Where did all the "exit strategists' go?

Wed, 01/30/2013 - 16:01 | Link to Comment resurger
resurger's picture

Bitchezz*

lol

Wed, 01/30/2013 - 15:43 | Link to Comment FL_Conservative
FL_Conservative's picture

Boy....that's a tough one to figure out.  What do you guys think??

Wed, 01/30/2013 - 15:55 | Link to Comment bdc63
bdc63's picture

What's the big deal? ... sometimes the random number generator spits out positive numbers, and sometimes negative numbers ...

 

Wed, 01/30/2013 - 15:43 | Link to Comment DavidC
DavidC's picture

Ah, go on Tyler, which one's which?

DavidC

Wed, 01/30/2013 - 15:43 | Link to Comment Freewheelin Franklin
Freewheelin Franklin's picture

Had to share this here:

 

"I have no idea how bitcoin works. Do you open an account with a deposit of Federal Reserve Bits, as if it is a conventional foreign exchange transaction, or what?"

Response:

Yes. You actually need bits (and pieces) of a Federal Reserve Bank. However, not all Fed branch buildings are worth the same. For example, a piece of the NY Fed will bring in far more than a piece of the St Louis Fed. The mother load is a piece of Ben Bernanke's skid marked underwear that he crapped in while being questioned by Ron Paul.

Wed, 01/30/2013 - 15:44 | Link to Comment firstdivision
firstdivision's picture

The top one is the relased minutes, the bottom one is the actual minutes?

Someone at the FRBNY is wondering who hacked their system and obtained the actual minutes.

Wed, 01/30/2013 - 15:44 | Link to Comment SheepDog-One
SheepDog-One's picture

$400 billion new debt/quarter is- Just. Not. Enough.

Wed, 01/30/2013 - 15:47 | Link to Comment firstdivision
firstdivision's picture

ummmm you're about $150B greater than the actual amount. Were you a BSC or LEH quant?

Wed, 01/30/2013 - 15:50 | Link to Comment SheepDog-One
SheepDog-One's picture

Really? Prove it. Because I bet the REAL new quarterly debt courtesy of the maniacal goal-seeking and failing FED is probably more like $600 billion.

Wed, 01/30/2013 - 16:03 | Link to Comment kaiserhoff
kaiserhoff's picture

Wouldn't it be nice if we had a FUCKING AUDIT, when trillions of dollars of our money are at stake?

Wed, 01/30/2013 - 16:09 | Link to Comment sitenine
sitenine's picture

'OUR money'? Hahaha! Which FEMA region do you live in?

Wed, 01/30/2013 - 16:41 | Link to Comment Matt
Matt's picture

I suspect first division was confusing debt with QE, at $85 billion times 3 months ~$250 Billion.

Wed, 01/30/2013 - 15:44 | Link to Comment DavidC
DavidC's picture

Looks like'the market' has forgotten about the GDP figures earlier today already.

DavidC

Wed, 01/30/2013 - 15:51 | Link to Comment SheepDog-One
SheepDog-One's picture

Goal seekers must get DOW 14,000...that's all that matters and something magical will happen there, or something.

Wed, 01/30/2013 - 15:45 | Link to Comment Bunga Bunga
Bunga Bunga's picture

Is that the new corporate logo for the Comittee of bla bla?

Wed, 01/30/2013 - 15:46 | Link to Comment Cycle
Cycle's picture

By the time the eminent economists at the Fed figure out that the days of managing interest rates as a superpower are gone, it will be too late.  Which does have a silver lining, of sorts.

Wed, 01/30/2013 - 15:46 | Link to Comment Bastiat
Bastiat's picture

Dog ate my r e c o v e r y.

 

Wed, 01/30/2013 - 16:20 | Link to Comment insanelysane
insanelysane's picture

GDP VAPORIZED!

Wed, 01/30/2013 - 17:17 | Link to Comment DaveyJones
DaveyJones's picture

great bumper sticker

Wed, 01/30/2013 - 15:46 | Link to Comment youngman
youngman's picture

You missed " whats for lunch"

Wed, 01/30/2013 - 15:48 | Link to Comment 101 years and c...
101 years and counting's picture

theres the official and then there's what they actually say during the 1.5 days of giving each other handjobs while staring at naked pictures of Blankfein.

Wed, 01/30/2013 - 15:48 | Link to Comment caimen garou
caimen garou's picture

rise of the planet of the apes, master bernake! there is your fucking monkey!

Wed, 01/30/2013 - 15:50 | Link to Comment Never One Roach
Never One Roach's picture

Looks like we need a good multi-trillion 10-year war to get things moving again.

Wed, 01/30/2013 - 15:50 | Link to Comment ekm
ekm's picture

Any point abov dow 10k is simply primary dealers bouncing the same stocks to each other.

Wed, 01/30/2013 - 15:51 | Link to Comment thismarketisrigged
thismarketisrigged's picture

i really want to see how far stocks would fall if the fed stopped easing.

 

i really believe a 70 percent crash would not be so crazy to think.

Wed, 01/30/2013 - 15:53 | Link to Comment Tsar Pointless
Tsar Pointless's picture

That would never happen.

The day they would quit doing so, the markets would hit lock-limit down levels, and would never be allowed to re-open.

Otherwise, yeah, 70 percent wouldn't be crazy thinking.

Wed, 01/30/2013 - 16:31 | Link to Comment Getting Old Sucks
Getting Old Sucks's picture

So if the market never re-opens, then it's a 100% correction.

Wed, 01/30/2013 - 16:36 | Link to Comment Tsar Pointless
Tsar Pointless's picture

No. It means it would forever stay stuck at whatever level it hits when it goes lock-limit down.

Which is the way I've envisioned it happening for about four years now.

Someday, I feel I will be proven correct.

Wed, 01/30/2013 - 18:53 | Link to Comment Getting Old Sucks
Getting Old Sucks's picture

OK, pardon my ignorance.  Can you explain what that means?  I never heard that term lock-limit down.  I aasumed that if the market never re-opens, I'd never be able to sell my shares.  Which would be a 100% loss for me.  Thanks.

Wed, 01/30/2013 - 15:52 | Link to Comment Yen Cross
Yen Cross's picture

 I'm pretty sure  PINOCCHIO would fit somewhere in that bottom chart cloud.

Wed, 01/30/2013 - 15:56 | Link to Comment stant
stant's picture

word cloud from obrother where art thou? we got this here depression going on, some of your foldin money come un stoled. sold his soul to the devil. constant sorrow

Wed, 01/30/2013 - 15:58 | Link to Comment Iam Yue2
Iam Yue2's picture

They have no choice but to keep on pushing the market higher and higher, as, unlike in the good old days, there are no mugs left to load the stocks onto, as they head out the door.

Wed, 01/30/2013 - 15:59 | Link to Comment adr
adr's picture

The parasite class only cares about seeing their digital representations of wealth increase. Ben helps acomplish that.

Can you become obscenely wealthy without lifting a finger or ever producing something of value? The stock market proves you can. In fact it isn't possible for a person to generate the wealth of a hedge fund trader through legitimate productive business. Where else can you drop $10 million on a stock and make $7 million in the ten minutes after 4PM on a single day?

In the real business world you may be able to get a multi million dollar order, but you still have to produce a purchase the product, and you can't leverage yourself to do so. You need to pay salespeople, and you'll pay a shitload in taxes. You'll also need to pay legal fees because the lawyers will find a way to sue you.

That is why we're fucked. There is no reason to believe you can generate wealth through private enterprise. Why would you try when you can become a billionaire overnight without a business plan or $1 in profit.

Go to Dow 30k, it won't matter. Cramer thinks now is the time we break out of the decade long trading range and go to new highs. We know 2000 was a bubble, we know 2007 was a bubble, we even know 2013 is a bubble. But this time the bubble is solid, it won't pop. We learned why the market crashed the last two times we tried to break through the limits of the big blow. Cramer says this time its unpoppable. In fact it isn't a buble at all, the market is undervalued.

Well, when my businessis bankrupt and I'm waiting in the unemployment office, I'll be glad to salute Dow 30k as a sure sign everything is doing better than ever. If the digital representation of the economy that keeps the parasites rich says we're doing better than ever, it must be true.

Wed, 01/30/2013 - 16:15 | Link to Comment IamtheREALmario
IamtheREALmario's picture

Maybe they do not care about money and all they care about is their perceived position in the pecking order BWAAAAWCK. They seem to be irrationally fascinated with proclaiming worthless honors, titles and positions on each other, dressing like idiots and saying different things publicly than privately  ... as if it really matters in the big scheme of things.

Wed, 01/30/2013 - 16:03 | Link to Comment Getting Old Sucks
Getting Old Sucks's picture

I think that when they stop, it's game over and they know it.  They don't have any way to turn it around so they're just gonna dance till the music stops.

Wed, 01/30/2013 - 16:10 | Link to Comment From Germany Wi...
From Germany With Love's picture

I'm surprised that communism isn't the dominant word of that cloud.

Wed, 01/30/2013 - 16:36 | Link to Comment Tsar Pointless
Tsar Pointless's picture

Really? I'm surprised it isn't fascism.

And, I'm sadly not surprised you are surprised it isn't communism.

Wed, 01/30/2013 - 17:33 | Link to Comment Poetic injustice
Poetic injustice's picture

You don't say communism, it is bad word.
You say "American Way", which euphemism.

Wed, 01/30/2013 - 16:38 | Link to Comment fijisailor
fijisailor's picture

I get it, "inflation" by "committee" decision

Wed, 01/30/2013 - 19:02 | Link to Comment syntaxterror
syntaxterror's picture

Recovery Summer IV

In Theatres June 22

Thu, 01/31/2013 - 09:48 | Link to Comment cooperbry
cooperbry's picture

I vote for #2 being the real one.

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