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Non-Tech : Money Supply & The Federal Reserve -- Ignore unavailable to you. Want to Upgrade?


To: Joe S Pack who wrote (1066)10/3/2003 10:14:39 AM
From: Real Man  Respond to of 1379
 
Oh, Yes. So, there won't be any crash until foreign investors realize they
are holding worthless paper as reserves. As interest rates rise, we'll see some huge liquidity problems. Until then, the credit bubble will keep expanding. The other cause, of course, could be that people can't pay, because they are WAY too much in debt, even at record low rates.
Then will see Mr. Market taking care of Mr. Fed. And the only way it can do that is by killing the buck.