?The central bank put is alive and well in Washington, Brussels, and Tokyo? said Michael Block, from Rhino Trading.
?2015 is setting up to be a repeat of 1999,? the year when NASDAQ delivered a nonstop melt up, rocketing by a stunning 85%, said my friend and hedge fund legend, David Tepper.
?A central bank is best that governs least, but is prepared to govern radically when called upon,? said 19th century man of letters, Walter Bagehot, an early editor of The Economist
?We?re still operating off of Jackson Hole, 2011 when Ben Bernanke delivered his famous speech preceding quantitative easing,? said foreign exchange trader, Ira Harris.
?You can reduce discretionary spending down to zero and it won?t have much impact on our fiscal problems because it?s such a small proportion of the total,? said Ben Bernanke, chairman of the Federal Reserve.
?You have to be very careful giving up analogue dollars for digital pennies,? said Jeff Zuker, CEO of NBC.
?I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.? said oracle of Omaha, Warren Buffett.
?We don?t want to go from Wild Turkey to cold turkey overnight,? said Richard Fisher, president of the Dallas Federal Reserve.
?It?s basically evil, and I don?t think it should ever be allowed to reach the size that it did. Why should everyone pay a small group of people to basically engage in legalized front running of our orders,? said Berkshire Hathaway Vice Chairman, Charlie Munger, about high frequency trading.
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?I don?t know who spends more, Democrats or Republicans, but Democrats seem to enjoy it more,? said former Federal Reserve governor, Bob McTeer.
