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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (2448)11/19/2003 5:01:50 PM
From: yard_man  Read Replies (1) of 110194
 
>>and you don't do that by printing more money, unless you really want a panic.<<

yeah -- you have to have accomplices and a lot of them for printing to work -- that's the pt -- between default and everything remaining copascetic there is a large spectrum of things that can happen.

Decline in the dollar to date is much worse than many think because of the wide foreign ownership -- you can't compare a % decline in today's environment to a similar percentage decline during prior periods of dollar weakness ...
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