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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Moominoid who wrote (8553)12/12/2007 5:58:02 AM
From: robert b furman  Read Replies (3) of 33421
 
Hi Moom,

It is a free pass to not keep required reserves in the fed's system ie create inflation.

This is a NO NO to the highest order for the fed.

Auctioning off collateral that is marked to model changes it to mark to market.

It allows a real time valuation vs some killing for a few hedge funds to land on.

Market auctions are a brilliant and very " American way" to do it.

Simply brilliant would be my first comment.

Let's just get market values and transparency.

That'll work.

Wouldn't be surprised to see the market LIKE IT A LOT !!

Bob
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