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

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To: GST who wrote (50968)1/23/2006 2:49:54 PM
From: mishedlo  Read Replies (1) of 110194
 
A Fed funds rate at 20% would likely trigger a complete meltdown of the US economy

Correct
But I think you mean the WORLD economy.

No I see you do not mean world economy because this is silly
I doubt that would send people rushing to buy dollars.

20% interest rates in a world economy gone to hell and people will not rush into dollars?

Don't be ridiculous.
Of course it can not be proven since interest rates are not headed to 20%

That said, I have to thank you for proving to the board just how extremely irrational you are towards the US dollar given that a FED rise to 4.25% sent the US dollar soaring vs the Yen, Euro, and pound.

Mish
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