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To: LLCF who wrote (3371)7/12/2000 2:46:32 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
yep...systemic risk is probably greater than at any other point in time over the last 30-odd years.

the Fed is practically forced to keep printing ever more money merely to ensure that the house of cards doesn't collapse. they have no choice - either inflate the bubble further(which is what they are doing) or deal with its implosion (not in the cards). so they're going to push this thing out until it caves in by itself, by means of reaching natural limits.

an interesting experiment in new era finance...