Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: NOW who wrote (41552)	9/14/2005 7:49:16 PM
From: mishedlo	Read Replies (1) \| Respond to of 110194

6.) Due to covert market management and manipulated Government data, price relationships, interest rate levels, currency relationships are not at equilibrium levels which free markets would dictate. They are at managed levels, which greatly increases global risks from exogenous shocks. I disagree or just do not know to a certain extent with this especially when it comes to market management (I do not think there is governmet manipulations in major markets at least not often). I think currencies will find their own levels regardless of reputed Japanese intervention. I do not know what "manipulate price levels" even means, and I do not think the 10 year treasuries would be sitting in a much different than they are in reagrds to implied Asian intervention. On the whole I am more or less agnostic about these allogations with perhaps a slight agreement on some and disagreement on others. as for #4 I more or less agree (sort of) but could easily argue against it. I disagree on food and I can make a strong case on housing that only those who recently bought were affected and renters were not affected much at all recently. And as for energy, I think money supply has little to do with it, that it is mainly peak oil and geopolitical processes. I think it would be downright stupid to try and control energy prices with rate hikes. I do think the CPI is understated but not by as much as anyone thinks (If I can exclude energy). Mish