>> it's actually 200.6. it had cut rates to zero but doubles its footing. that was in the first round of qe. that was the beginning of the takeoff. i think the congratulations should go to ben bernanke. it has united a rally that's continued to this day with some to'ing and fro'ing to the very end. >> really it hasn't been quite as robust. i know you've warned about the efficacy of the qe. >> right. i voted against qe3. >> do you think central banks still has the power behind the stockmarket? >> i think the power is running its course. i'd like to say we injectored cocaine and heroine into the system and now we're maintaining on ritalin. how's that? >> you know -- >> how do you come back to that one? but seriously, central banks did more than enough. unfortunately fiscal policy never followed through, and that's what everybody is waiting