The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Keith Feral who wrote (90727)	1/26/2008 10:58:47 PM
From: glenn_a	Read Replies (1) of 110194

Keith. ((The FED has inspired almost every economic calamity by overtightening monetary policy to the point where people can't pay their mortgages. This is the problem with FED policy. To fight higher oil prices, they are jacking up mortgage rates so that no one can afford to pay their mortgage. That is insane!!)) Hang on here. What about the credit expansion that led to the prices rising in the first place? Is this not a more fundamental disease than how the Fed treats the symptoms once the patient is terminally ill. See Doug Noland's Credit Bubble Bulletin piece this weekend: "More than Twenty Years in the Making": prudentbear.com Not saying Noland is always predicts the correct outcome, but I certainly agree with his diagnosis of the problem. g

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next