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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (90645)4/5/2001 6:31:43 PM
From: GraceZ  Read Replies (2) | Respond to of 436258
 
1. peg waaaaaay out of wack with history - especially in light of collapsing es.
2. no bubble has ever been sustained and they all end badly, very badly. more often than not, pes end up well below historical norms before a recovery takes place.
3. debt growth and dis-savings are huge and can't continue in their current direction forever.
4. money is being printed at a ridiculously absurd rate.



Wasn't all this true two years ago, why does it matter now when it didn't matter then?

BTW Japanese have very high savings rate yet their economy and stock market is even more in the toilet than ours is.

money is being printed at a ridiculously absurd rate.

Notice that there are lots of RPs but very few coupon passes. The RPs are persistent enough to be considered somewhat permanent but they aren't hard money, like coupon passes.

If the economy is collapsing why is the fed funds rate continually rising above the target rate? There is demand for funds, where is that coming from if everyone is pulling in their horns?