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

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To: Crimson Ghost who wrote (10473)3/19/2004 3:09:33 PM
From: russwinter  Read Replies (1) of 110194
 
<missing a crucial point>

No, I understand what he's trying to pull off, higher pricing power, and a world that pretends it's in "disinflation". It's a game of sleight of hand, wizardary, smoke and mirrors. Instead he has serious inflation, has everybody stuck in his moral hazard fallacy of composition hypnotic trance. "Investors" sit at their terminals ready for the next absurd utterances from Easy, to decide their next move. This is a very good prescription for a financial panic.
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