The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ahhaha who wrote (78207)	1/30/2007 7:52:24 AM
From: Real Man	Read Replies (1) of 110194

"To believe this one would have to believe there isn't a free market in credit. Credit markets are notoriously free. They can't be controlled by the FED. Proof: you don't have to play." The Fed setting short term rates means the short term rates are government controlled. The "monetary policy" is manipulation of the credit market at the short term end by the very definition of it! I'm not sure what you are referring to by saying credit markets are free. Yes, bonds trade, and you can buy and sell them, but the interest rates are not set by free market, except on long end. Then again, the Fed and other CBs can buy t-bonds. Do you imply that since Fed funds futures trade, they are set by free market?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next