Sunday, November 28th, 2010
How Fiat Dies: 22,727 Golden Geese
The total value of all US public companies is about $13.4 trillion with a P/E of 28 which means total earnings of about $0.5 trillion. Bernanke’s printing presses make about twice as much money each year as the total earnings of all US public companies. via howfiatdies.blogspot.com