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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: kris b who wrote (75498)12/13/2006 11:12:47 AM
From: GST   of 110194
 
<in order for FED to generate consumer inflation> The Fed can do nothing and watch the dollar fall and prices rise. Prices are not determined by American consumers. When you go to Europe nobody looks at your passport and offers you 20% off the going rate. Nobody says, ok how much are you willing to pay. Nobody asks you what the Fed has done lately. You just get the bill -- and the bill is getting bigger by the day.
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