SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Madarasz who wrote (61427)1/25/2001 10:51:41 AM
From: pater tenebrarum  Read Replies (1) of 436258
 
yes, they are pumping like CRAZY. this has to be the biggest monetary inflation of all time...racing headlong toward the cliff as it were.

it goes to show that it takes more and more fiat money to reliquefy the faltering bubble, and imo there are only two possible outcomes, A) the reliquefication attempt succeeds in blowing the bubble up again, in which case commodity prices would skyrocket, or B) it fails, and we're already in a liquidity trap situation.

i would submit that there's a crucial difference between what's happening now and prior to y2k. back then, the economy was still overheating, and in fact expanding very fast. NOW it is tanking, and it is taking the weak borrowers down at incredible speed. so things may well be 'different this time'.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext