Monday, July 18, 2005

Alan Greenspan: Psychic?

I'm not usually a conspiracy theorist, but The Cunning Realist has some really interesting (creepy, scary, possibly X Files-ish) information about something the Federal Reserve did prior to the London attack. It's a little bit wonky and I don't completely understand it, but hey, this ain't jounalism - this is blogging! Here's the most interesting part:

The terrorist attacks in London took place on Thursday. The Fed dramatically increased the pool of liquidity available for stocks to a multi-year high 48 hours before that---an ideal amount of time for that liquidity to filter into the market---and kept it elevated for the next few days. And indeed, it worked. The stock market saw heavy buying right at the opening bell on Thursday and has shot straight up since then.

Why did the Fed do this? Was it just another coincidence in our financial markets that somehow managed to immediately precede a major geopolitical event?


Is it possible that Alan Greenspan is the only one in the world with reliable intelligence information?

If any economists accidentally wander onto this post, please leave a comment. I need to know whether this is man-never-walked-on-the-moon kind of stuff or if I should start watching Alan Greenspan for clues on when to leave town.

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