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 : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (3946)4/8/2004 4:28:41 PM
From: Jim Willie CB  Read Replies (3) of 116555
 
hiking rates is lesser of two evils

hike: hit economy's engine, which is yield carry trade in the bond markets and mortgage markets

no hike forever: kill the entire economy

you seem to accept the "no hike forever" option without justifying the wisdom of any alternative

with no hike forever, we will continue to amplify the financial sector at the expense of the real economy

I agree that there is no fix
what we see is the Fed between a rock & hard place
no viable options
I believe any idea put forth by Roach will be met with
"WHAT? IS ROACH OFF HIS ROCKER"

because no alternative solution makes any sense either

/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext