Have we reached the point of no return where it's dangerous for investors to continue to count on the Federal Reserve's economic lifeboat?
We're absolutely at the point where we have no choice but to continue the bad things that we've done before, to continue to print money, continue to borrow money. We're not only passed the point of no return now, we were really there in 2008, 2009. You saw how bad it got and how quickly. The whole financial system was at risk as our Treasury Secretary said, Hank Paulson, as Ben Bernanke said, our Fed Chairman. The whole financial system was at risk. Next time it happens it's just worse. In other words, you've passed the point of no return. So, there's no incentive for anybody to do anything but to keep this thing going until they can't. It's really that simple. Nobody is going to make up their mind and make a smart decision to say, "Well, let's taper our way out of this or let's do X." It's not going to happen. It can't happen. You're way beyond this. It's very simple how this will change and when we'll know is when we can't do it anymore. When it doesn't work, that's the end, but you've really blown it. You may say, "Aw, I got another 10 years of Apple stock going up. I've got another 10 years of my other stocks going up." Great, but at that point when you can't print money without creating inflation, that's it for the bond market, that's it for the stock market. It's a real mess for the economy. You've blown it big time and the market doesn't just bounce back from that. At that point, you realize that maybe that 10, 20, 30-years of great stock increases really wasn't so great after all when you see what it creates and that time when the Fed can't print money without creating inflation will come. If for nothing else, because we're encouraged to print money, because it does a lot of good when we need it.