-

WALL

97%(34/35)

86%(31 /35)

( Differentiate Instruction)

101 35

WALL

1.2.

3.4.

1. : 5 &5

2. :

3. : Big-Q

4. : QE3

5. : Big-Q Big-T

6. Walex

/

20 : 5

&5

99%

The WALL

10 :

Wealth Gap for rich families,

its a life; for politicians,

its a game;for poor people,

its a war.

20

Big-Q

2012.08.10 Big-Q:

Fed seeking

Super-Keynesian

QE-Tactics

Big-Q

1. : Tactics /

Gambit

2.

* Unemployment Ice-Tower

* Inflation-Dragon

* Double-Mandate

(&)

* Fire-Archer Army (

)

* Special-Force (

)

* Labor Market-Puzzle

* Black-Knight (

)

* M&A Cannon

30

QE3

The WALL

-

() (

) (

)

20

Big-Q Big-T

2012.10.05 Big-T:

Super-Keynesian belying

Industrial-Revolution

Gross

100 Walex

Walex

2010

http://www.morgenstern.com.tw/fqfun/html/index2.html

-()(

)()()()

52

(Psychological)

(Economic)

(Strategic)

(Geopolitical)

(Natural)

30m

-->

10m 25

()

-->-->

10m

-->-->

20m

***8/10 Q

80m

***

x

Stock BondsMoneyOilHouse

101-

101 9

()

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

101-

1 30 5 0

2 31 4 0

3 30 5 0

30

31

30

5

4

5

0000%

20%

40%

60%

80%

100%

4 34 1 0

5 31 4 0

6 28 7 0

7 27 8 0

8 10 11 24

9 21 12 2

10 25 10 0

34

31

28

27

10

21

25

14

7

8

11

12

10

0000

24

20

0%

20%

40%

60%

80%

100%

1. ?

2. ?

3.

97%(34 /35)

86%(31/35)

()

()

1http://www.morgenstern.com.tw/TC_upload/fq/article.pdf

2http://www.morgenstern.com.tw/fqfun/html/index5.html

3 ( 99)

4

5( 101)

http://www.morgenstern.com.tw/TC_upload/fq/article.pdfhttp://www.morgenstern.com.tw/fqfun/html/index5.htmlhttp://search.books.com.tw/exep/prod_search.php?key=%A9P%ACK%AC%FC&f=authorhttp://www.books.com.tw/exep/pub_book.php?pubid=dbskyhttp://search.books.com.tw/exep/prod_search.php?key=%C1%C2%BCC%A5%AD&f=authorhttp://www.books.com.tw/exep/pub_book.php?pubid=chisan