Re: Infinite Depth of the Fed Pocket

http://en.wikipedia.org/wiki/Sunk_cost_dilemma

http://en.wikipedia.org/wiki/Irrational_escalation

That is the one outcome that feeds my pessimism. I never liked the "game theory" component of critical theory courses in college. It seemed fine if one was playing chess or fantasy football, but applied to real time it equates to dangerous risks and potential disasters. It reminds me of a t-shirt slogan for sale at the University of Chicago student union: "It works perfectly fine in Theory -- who cares if it works in Practice?!" Your wiki link describes the factors behind my worries better than my post above. Thanks.