Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (72220)	12/11/2007 5:46:16 PM
From: Crimson Ghost	Read Replies (2) of 116555

Mish: You sound more like Bill Gross every day. Did you ever consider that in an economy with NO SAVINGS sending interest rates through the floor might add to our problems over time. Interest rates have been too low way too long. We need a recession and decent real rates to encourage saving and set the stage for a healthier economy and financial system. Ron Paul -- whose candidacy you support -- is the only politician who has had the guts to criticize the Fed's easy money policies head on. Unless this nation breaks its addiction to super easy money the future will be very grim for all of us IMHO. Far worse than a mere recession.

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