Ask Michael Burke 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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Skeeter Bug who wrote (35772)	11/11/1998 8:23:00 AM
From: Mike M2	Read Replies (3) of 132070

Skeeter, you ask what will prevent the Fed from printing money if we have deflation -tough love fer de buck . Foreign central banks have sold $90 billion in U.S. treasuries this year-during the prior 3 years they had purchased $450 billion. Our savings rate in the U.S. is dismal so we must rely on foreigners to purchase our debt . The willingness of foreigners to accept paper dollars in exchange for real goods ( helping to keep the cpi & ppi low) cannot go on indefinitely. One other point there is inflation -it is in the financial mkts. There is an alternative to fiat money -gold #reply-6366772. Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next