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 : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (9901)1/6/2001 5:30:22 PM
From: Rich1  Respond to of 30051
 
Thanks Zeev..
1900 would be a gret buying opportunity..<gg>



To: Zeev Hed who wrote (9901)1/7/2001 11:36:58 AM
From: Zakrosian  Read Replies (1) | Respond to of 30051
 
Zeev - Did you make some comments similar to those in this article as long as a year or so ago?

washingtonpost.com

Specifically, But the problems that arise from completely wiping out the debt could actually outweigh the benefits.

For starters, let's consider the buying back of all those bonds and thus the disappearance of the Treasury market, which has become an integral part of financial markets and monetary policy. It is not just bond traders who would feel the loss. Without Treasury bonds, investors would lose the closest thing to a risk-free asset and the Federal Reserve would be left without its primary tool for affecting interest rates.