The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: Mike Johnston who wrote (62154)	5/29/2006 11:30:25 AM
From: russwinter	Read Replies (1) of 110194

Goldman Sachs etc are literally swimming in freshly printed money.> Freshly printed Ponzi units, a key distinction from money, and hence their problem. Think the big issue right now is this whole notion of money printing, and liquidity creation. This is very debatable and up in the air, but my sense is that the world's central banks are moving in the opposite direction, and that leveraged buy everything, or inflation speculators may be barking up the wrong tree. As the tide goes out, they will be revealed naked and exposed, and without swimming suits. Message 22493844 Message 22493947

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