Wednesday, September 21, 2011

Road to Prosperity

Today, I was thinking about how to get the economy back on track and to grow consumer confidence and the stock market indecies (and consequently, 401k account values).  It's clearly a multidimensional issue, and there are a myriad of viewpoints about how to address this goal.

However, sitting on my couch, the solution hit me.  It is simple, elegant, and it would be more effective than anything we've seen in the past.  Further, the solution is cheap, and it involves just two things that are both easy to find.  One need only purchase a muzzle or a Hannibal Lecter mask and then find the Ben Bernanke.

The rationale is quite obvious.  Every time the man opens his mouth, money evaporates.  Perhaps he does this to offset all the money he prints, but this post isn't about motivational speculation.

The above chart is of the Dow Jones Industrial Average on Wednesday, September 21, and it tracks the index from open at 9:30 to close at 4:00.  I will leave as an exercise to the reader to determine when the Ben Bernanke gave his address today.


1 comment:

  1. Well, it appears that the chart I added is not static (which is kind of cool other than the fact that it no longer addresses the point I was making). For those of you who did not get to see the chart from yesterday, as soon as the speech started, the chart looked like Niagra Falls.