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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: RJA_ who wrote (67850)8/9/2006 7:40:07 PM
From: jim black  Read Replies (3) of 110194
 
The Fed is, at a rate of enough to reduce the 1913 dollar to 4 cents today, inflating our currency. The 3+ billion per day this govt borrows from foreigners, our deficit of trade and our bond sales, is a temporary boon to us but the piper will be paid, and the Fed does not tell inflation like it si.
jim
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