Bove Finds A Nut!
Courtesy of Karl Denninger, The Market Ticker
He’s a blind squirrel and still won’t speak the "F" word (although I’m absolutely convinced he knows) but he signed the letter in my earlier Ticker today… and amusingly showed up on CNBS this morning.
"By holding prices high the Depression went on longer."
I’m stunned when someone who is so damned clueless actually wakes up and says something that makes sense.
What neither he nor the others say is that the entire point of this game is to cover up this: