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

To: SeaViewer who wrote (20871)10/28/2004 4:50:56 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
Yes there indeed are constraints on the Fed's ability to endlessly inflate. But I think Steve Saville is correct in arguing that they will continue to inflate (with occasional brief pauses as looks likely in 2005) until the consequences of continuing this policy become too dire to contemplate.


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