Ben Bernanke has spent the better part of his two terms as Federal Reserve chairman trying to demystify the FMOC. Since 2006 Bernanke has said what he's going to do and why, yet either by Bernanke's wicked design, or due to their own stupidity, the markets simply don't understand. In terms of cause and effect Bernanke could just as well have spent seven years talking to his dog on the phone.

Author of the book The Coming Crash and CEO of Euro Pacific Capital Peter Schiff never bought in to the notion that the Fed would reduce Quantitative Easing. In the attached clip Schiff reveals how he knew tapering wasn't going to happen. "Don't listen or pay attention to anything anybody from the Federal Reserve says. What you have to do is look at what they actually do."

Related: Bernanke Confuses Wall Street by Sticking Exactly to His Plan

Schiff's advice is genius in its simplicity. For a year the Fed has been buying about $40 billion worth of mortgage-backed securities and $45 billion in longer-term Treasuries. That's what Quantitative Easing III is supposed to do. In addition, the Fed has sought to stimulate the economy by keeping the federal funds rate at about 0% since before President Obama took office.

Related: Bernanke Is Too Transparent, Creating 'Bizarre' Market Volatility: Munson

Bernanke's stated goal has always been to use every tool at his disposal to push unemployment below 6.5%, unless or until inflation as measured by PCE rose meaningfully above 2%. Within those guidelines Bernanke has been a monetary terminator. Stimulus is what he does. It's all he does.

The only reason markets freaked out last week was because Bernanke was "deliberately deceptive," according to Schiff. "He wants to maintain a false sense of confidence that the recovery that the Fed has helped to create is real. It's not. It's phoney. It's only here as long as we get ever increasing amounts of QE to keep it pumped up."

Related: Still Plenty to Fret About After Fed Decision on Taper: Stovall

They don't come around that often, but when a so-called hot IPO (initial public offering) does appear on the radar screen, the competition between the exchanges to get the listing is fierce. The latest example is Twitter, which TheStreet.com's tech editor Chris Ciaccia says has chosen to list on the New York Stock Exchange (NYX) instead of the Nasdaq (NDAQ).

"We saw what happened with Nasdaq and Facebook (FB), so it really makes sense that Twitter will go with the NYSE," Ciaccia says in the attached video, adding that the creator of the famed 140-character news feed service wants its debut to be as low key as possible.

Related: #TwitterIPO: Let the Frenzy Begin!

For the record, no official announcement has been made yet by Twitter or the exchanges and the NYSE would not comment on the report when we asked them about it.

If true, the choice to list on the NYSE is hardly a shock given the embarrassing technical delays that marred Facebook's first day of trading in May 2012, as well as three recent outages that took the tech-heavy exchange offline for up to three hours.