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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (20256)1/3/2005 4:06:20 PM
From: russwinter  Read Replies (1) | Respond to of 116555
 
<i don't quite get that one.>

Well, we're even, as don't see anything he says here (budget deficits, etc?) that even remotely addresses the points I believe I'm making about intervention and bond rigging. Maybe a simpler question is in order; who does he think buys and owns the enormous supply of USD bonds issued (specifically agencies and treasuries, over last two years)? And if there were one set or type of "purchaser", and they happened to be central banks or foreign treasury depts with printing presses, what percentage of the "market" to the exclusion of others, would they need to purchase/own to be considered a reverse monopoly or oligopoly? An opinion is fine.