The Naked Truth - Big Kahuna a Myth 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.

Pastimes : The Naked Truth - Big Kahuna a Myth

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (20502)	2/19/1999 10:27:00 AM
From: Defrocked	Read Replies (1) of 86076

Yes, the Japanese should print more money as their MS has grown at an anemic 3 to 4% rate over the last two years. Not the prescription needed for a deflationary economy. But what I believe is much less important than what AG and Rubin will be telling Miyazawa this weekend. AG in particular has studied the mistakes made in the 30's. Given he has apparently fostered and accepted double digit MS growth in the US I'm pretty sure he'll be telling Japan and the ECB it's their turn to pour out the liquidity in order to avoid deflation and any associated economic slowdown. I thought the Economist article brought out that point fairly well. Oil is now giving back some of yesterday's gains. Not unexpected IMO. But for my overall argument to hold up commodities in general should "bottom out" over the balance of Q1 and into Q2. A growing perception that Japan has fixed bank balance sheets by April 1 and will begin to grow will also confirm my premise. Unexpected money growth in Japan, through direct governmental purchases of debt on the market, should feed into real growth temporarily before price adjustments remove the nominal gains. FWIW. JM2c.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next