Peter Lynch once said something to the effect about new restaurants that depended on liquor sales for much of their revenue: The food better be good because liquor tastes the same everywhere.
For some who might not recall or know, Lynch was one of the rock star mutual fund managers at Fidelity in the 1980s who walked away early.
Stride through the halls of any pantheon dedicated to modern-day money managers and look up. You'll see Lynch's name.
Easy money policy and liquor are fungible. With the Bernanke-led Federal Reserve it's heroin, not liquor.
http://www.marketwatch.com/story/stockman-fires-back-at-krugman-critics-2013-04-03?pagenumber=2
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