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: Win-Lose-Draw who wrote (182713)7/23/2002 8:53:29 PM
From: orkrious  Read Replies (2) | Respond to of 436258
 
ok, so if we run with all this, are we talking about a huge surprise cut in interest rates - eg like in half - and simultaneously dropping bags'o'cash onto city centres from helicopters?


something like that. but it really doesn't matter does it? the markets are f*cked. there is absolutely nothing greenspan can do.



To: Win-Lose-Draw who wrote (182713)7/23/2002 9:07:17 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
real rates have been negative for a while -- they lie about inflation. I expect things to be grossly uneven and more unbanalanced in the future -- some things seeing pretty good price rises while others (i.e. real estate, durable goods, autos -- to plunge in price). What rises??

I think foodstuffs will rise in price and other nondurables ... energy is an unknown for me -- 5-10yrs out is easy -- price rises are bound to happen, but near term the slowdown in economic activity may be more important.

I don't know that I buy the idea that all the rise in the dollar was simply intervention -- we've had intervention all the way down that hasn't produced squat -- here's a question:

Did the dollar rise because gold tanked or gold tank because the dollar rose or neither?? <vbg>

Press says that gold tanked because the dollar rose -- meanwhile debts continue to go bad (they weren't good from the start, but ...) and the financials get sold. Don't have any answers -- just questions.