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

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To: regli who wrote (57378)4/4/2006 2:47:15 AM
From: Skywatcher  Read Replies (1) of 110194
 
perhaps the only reason to increase rates is to keep the all powerful buyers of the US RECORD DEBT happy...that would be
Japan and China...otherwise continuing to raise rates will ensure the demise of the US economy with the inflationary excuse, as the entire inflation equation is now driven by OIL which they have allowed to get completely out of control.
So by saying they are protecting 'us' from inflation they are putting extra pressure on all those with debts who are being squeezed by the price of oil to even have enough money to drive to work and increase credit card payments, and increase ARM rates....not real smart for 'us'
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