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: Jimbo who wrote (62799)1/30/2001 10:02:41 AM
From: pater tenebrarum  Read Replies (1) of 436258
 
he didn't say THAT...he said 'banks should not get restrictive in their lending at this juncture', more or less. he didn't mention enterprises that are not creditworthy outright. fact remains though that bad debt is piling up, and they will eventually have to choose between getting restrictive, or sinking along with their borrowers.

i have never been enamored with this incarnation of the Fed...i believe that they have been instrumental in the fomenting of the bubble, and by piling bail-out upon bail-out have created an atmosphere of moral hazard and recklessness in the financial world that we all will have to pay for eventually.
you are witnessing just such a systemic bail-out RIGHT NOW, with nearly 180 billion in fresh money printed over the past seven weeks...an unprecedented pace of monetary inflation (MZM is growing at 13% annualized at the moment), as they fear the entire system will collapse otherwise. too much debt needs to be rolled over....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News