chi. like in energy.

This gets more idiotic everyday.

Geithner’s Plan, a Gigantic Confidence Game: “Somehow, Geithner (and Obama by implication) believes that igniting a bidding war between hedge funds and private equity over a bag of cow manure will inspire confidence that there’s gold in the bag. Such insanity cannot possibly work, which means it won’t.”

(Via Mish’s Global Economic Trend Analysis.)