"I have never seen a moment before where the Federal Reserve is saying 'Here's cheap money. Go make this spread. Get back involved,'" said Jim Cramer on Wednesday's special "Stop Trading!" segment.
He said he is impressed with Fed Chairman Ben Bernanke. "I know he's a professor, but man, this guy's good!"
According to Cramer, hedge fund managers should go to the Fed and say, "'I want to borrow 9 to 1 right now, and I want to buy a big basket of mortgages.'"
"I swear, if you fight this Federal Reserve, you are not going to be in the hedge fund business right now," said Cramer. "This Federal Reserve will not be denied. In Ben Bernanke I trust."
At the time of publication, Cramer had no positions in stocks mentioned.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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