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

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To: Haim R. Branisteanu who wrote (9709)3/8/2004 4:32:39 PM
From: Jim Willie CB  Read Replies (3) of 110194
 
PPI will cause Fed to reduce monetary expansion
which will slow the economy even more
this course is most consistent with their deluded notion that the US Economy is indeed in expansion

I suppose if a fat slob grows a third buttock, he is expanding !!!

the Fed is caught between a rock and a hard place
the intervening space is getting tighter by the week

no way out
next up...
take your pick
which Fed action will be their next mistake?
- raise FedFunds target rate
- reduce monetary expansion thru monetization
- increase bank reserve ratios
- end bullying of foreign central banks

I would hate to be Greenspasm now

if he had any brains, he would issue a statement about plans by the Fed and Trez to move to a gold-backed dollar later in the decade

/ jim
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