As a means to spur economic growth, the U.S. Federal Reserve on Tuesday said it will keep rates low for "at least through mid-2013." In turn, Cramer said Fed Chairman Ben Bernanke essentially eliminated Treasury bonds from the equation.
"He banned them from your portfolio unless you simply want to make no money at all," Cramer said. "He made stocks, particularly the highest growth stocks and the best yielding stocks, the most attractive pieces of paper in the financial kingdom."
In turn, stocks saw its biggest one-day gain since May 2010 Tuesday. Hedge fund managers who had typically offered their clients bonds are now more apt to select stocks instead. After all, Bernanke all but guaranteed government bonds won't keep pace with inflation, Cramer noted. High-yielding stocks are a far better alternative anyway because they pay you to wait, he argued. Fast-growing stocks are also attractive the Fed said there is little growth to be had.
Take Apple , for example. The technology giant has roared to become the largest capitalization company in the market, surpassing Exxon Mobile on Tuesday. It has amazing earnings power for a stock that may be considered cheap a few years from now, especially considering its high-growth.
Those who can't take the pain in this market are going to have to come to term with where they're going to have to put their money, Cramer said.
"You don't get to own tremendous growth stocks like Apple on the sidelines," he warned. "You have to sit it out in the village Bernanke just about burned down in order to save it. Enjoy the roasting."
When this story was published, Cramer's charitable trust owned Apple.
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