I just had a freakish thought. I was reading an article (http://www.marketoracle.co.uk/Article4074.html) about Fed and Bernanke bailing out Bear Stearns that in turn causes the dollar to plummet further as assets are moving away from USA. Bernanke is only interested on helping his rich banker friends and in doing so american consumers suffer from higher prices while europeans don't notice any detrimental effects. This made me think: Maybe Bernanke & friends are planning to skip country and are playing time while they move their fortunes to Europe. They don't mind sinking america in the process. Bernanke must know how hopeless the overall situation is so he is just cannibalizing america of all the assets and sending them overseas for the benefit of his new home continent. He must know bailouts and dropping rates cause wild inflation and assets flight into the safety of the strong euro. Bernanke & friends can then move to Europe while american tax payers are left behind to suffer the perfect storm of Great Depression meets Weimar republic.
Could it be true? Could Bernanke be such a cynical traitor to the US? No...it can't be. There are no such things as conspiracies. I must be mistaken. Forget everything I wrote. I'm a european, what do I know?