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 : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (66819)7/25/2006 1:42:45 PM
From: Mike Johnston  Read Replies (2) of 110194
 
The fact that the entire curve is below true inflation rate will cause the inflation rate to accelerate. Then, to prevent long rates from spiking, the Fed might start monetizing the long end.
That would be the beginning of the end game.

There are a lot of variables here, namely Fed policy and what the public will do.

Greenspan pretended to be a hawk to get the job and turned out to be a dove.

Bernanke pretended to be a dove to get the job and could turn out to be a hawk ?
Possible , but not very likely. IMO he is a dove, big time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext