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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: stevenallen who wrote (22464)11/26/2004 2:32:49 AM
From: John Vosilla   of 110194
 
<But they argue there may be an alternative scenario to Roach's. Greenspan might instead deliberately allow the dollar to slump and inflation to rise, whittling away at the value of today's consumer debts in real terms.>

Yes, I am sure that is the plan. More reason to own a lot of gold and certain commodities but be very defensive with regards to housing, auto, financial stocks and anything else whose demand is sensitive to interest rates.
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