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 : Asia Forum
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ramsey Su who wrote (6835)10/1/1998 9:19:00 AM
From: Henry Volquardsen  Read Replies (1) of 9980
 
Ramsey,

I was responding to your initial post that specifically asked about LTC re HK. If you broaden the question to a hypothetical about the Fed theoretically bailing out some hedge fund that was attacking the HK$ and losing then yes that would make the Fed complicit. But that involves making some big assumptions. FWIW I do not characterize the Fed as having bailed out LTC. Second you could say, if anything, the Fed has been aiding various central banks including HKMA in defending their currencies and is therefore responsible for helping perpetuate structrual errors that are leading to the build up of economic excesses.

Henry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News