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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Mannie who wrote (19432)	5/22/2003 9:25:41 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 89467

wonder if the Fed Govt prefers liquidity trap for debt cost if rates go to 0.5% for a few years, debt financing budget item will not be all that big as long as moron Asian CB's keep buying up our federal debt and agency debt at nil rates, we can continue they have no other place to put the money in the world so the system spins toward oblivion within the liquidity trap except inside the USA, the credit circles provide plenty of debt financing how long will that continue? I dont know, a long time perhaps or at least until price inflation shows up via back door yeah yeah, like that... I love that back door honey, can you bring me my loan portfolios and please lean over as much as you have to / jim