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

To: NOW who wrote (31159)4/25/2005 2:47:39 PM
From: piggington  Read Replies (1) | Respond to of 110194
 
> and foreign holders of US debt will stnad idly by and watch as the fed trashes the dollar?

That's what they've been doing for the last few years... why stop now?



To: NOW who wrote (31159)4/25/2005 3:22:03 PM
From: Colin H  Read Replies (1) | Respond to of 110194
 
<iand foreign holders of US debt will stnad idly by and watch as the fed trashes the dollar?

Not in the present or immediate future no. The federal govt. can keep this stuff "off the books". They may elect to create, or expand, something like the FFB

ustreas.gov

An entity that can create $15 Billion out of thin air and does not have to float it (report its printing activities and back them with federal funds/bonds) for two years.


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