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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Crimson Ghost who wrote (2727)11/29/2003 12:09:52 PM
From: Jim Willie CB  Read Replies (1) of 110194
 
you might be right about bond vigilantes
but if the Fed and foreign Central Banks load up
and actively vigorously monetize USTNotes and USTBonds,
then we will have market interference
which will mask the true inflationary erosion expectations

look what the Bank of Japan has done with monetization
over $100 billion in printing press purchases of USTrez paper
it is criminal and very disruptive to market equilibrium

it remains to be seen how effective coordinated CB actions will be to forestall the rise in long rates
/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext