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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: jrhana who wrote (14726)5/30/2004 1:09:46 PM
From: russwinter  Read Replies (2) | Respond to of 110194
 
Yes, I see it that way. However, the hyper-inflation event is a real threat, if the CBs just keep fiddling the way they have been. They may still have the tools to stop the inflationary psychology and loss of confidence in money from bursting forth uncontrollably, but man they are really playing with fire. I don't pretend to know the moment of terminal velocity or combustion, but it feels pretty close to me. The money is just sitting there waiting to deployed in a frenzy.