Heinz Blasnik- Views You Can Use 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 : Heinz Blasnik- Views You Can Use

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GraceZ who wrote (2327)	6/10/2003 2:05:22 PM
From: Perspective	Read Replies (1) of 4907

Japan is truly different, in that they are a much smaller portion of the global economy, an exporter, and a nation of savers. They print money, but it just flows elsewhere. When you are a small fraction of the world economy, that can happen. When you get the vast majority of the central banks applying the same strategy, it will be a different story. The money won't go run off to the planet Pluto; it will raise global price levels. As you correctly point out, the deflation threat is still rather imagined. I think it's being thrown out there as a cover so that the Fed can hack away at the debt mountain at the expense of creditors, much as monetarism was an excuse for raising rates at the end of the 1970s. BC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next