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Validity to bit coin, ben bernanke, other people have said, yes, we think there are some uses for a digital currency, but we have seen things such as the government in china has said, nope, we're not going to allow transactions in bit coin. if regulators in only some countries come out and say, nope, we're not going to tolerate this, we're going to squash it, even if it's for the wrong reasons, i think that will put bit coin on ice, it's something that's very complicated. ordinary people don't understand it and that works against it. my guess is that we're going to see the end of bit coin by t...

Than expected, the democrats in the fall midterms. you can have a growing economy and a stock market correction at the same time, which is kind of what i'm suggesting will happen in 2014, but let's say mark's right, we do get, you know there,'s less that washington can screw up in 2014, the economy does better next year than it did this year, this is all a good news for democrats. because, you know, they have the white house and if there are fewer things to worry about and it finally feels like ordinary people are starting to get ahead, i think that will help democrats in the midterms, i don't...

Better. so a little bit of tail wind for democrats in november. >> we'll see. okay, the only pessimistic prediction you have, mark, is that the wage gap will increase and that's a sad thing. >> yeah, you know, it doesn't mean a lot for the broader economy in any given year, but over a period of years, the next decade or two, this is going to be our biggest problem, the folks in the top part of the distribution of income and wealth are doing much, much better than those in the bottom, and this gap is as wide as it's ever been since we have been keeping data and we have data back 100 years. all ...