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: Jeff Jordan who wrote (254183)8/5/2003 5:40:21 PM
From: Secret_Agent_Man  Read Replies (2) | Respond to of 436258
 
"I believe that world stock markets are about to feel
more repercussions of the recent US Long Bond selloff.
The selloff could be led by the realisation that many
U.S. lending institutions that are heavily invested in
US Treasury Bonds are grappling to balance the books as
the prospect of debt default and higher cost of borrowing combine to put pressure on credit and property prices.
Just have a look at what has happened to the share prices
and trends of Freddie Mac, Fannie Mae and even J.P.
Morgan in the last few weeks."

victor hugo



To: Jeff Jordan who wrote (254183)8/5/2003 7:06:52 PM
From: UnBelievable  Respond to of 436258
 
The Problem With These People And Their Printing Press

Is they don't believe in the market.

The fact is excessive money creation means long term rates will go up. It doesn't matter if it is because the stimulus worked and the economy will be booming or the stimulus failed and we have stagflation.

There is nothing that would doom our fiat money system, and for that matter the economic world as we know it, than any attempt to by CB's to control long term interest rates.

Assuming that they are not so suicidal (yet) the Fed and the Banksters know what needs to happen if they want to bring down long term rates.