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: Mike Johnston who wrote (54458)	2/22/2006 9:42:28 AM
From: Crimson Ghost	Read Replies (1) \| Respond to of 110194

People like Roach are correct in arguing globalization has held inflation down. But the absolute rate still is much higher than the spin doctors admit IMHO. What we seem to have today is a new version of the Treasury-Fed accord which kept rates artificially low in the US from World War 2 through 1951 if memory serves. Only today the accord is informal and between the Treasury, the Fed, and foreign CBs. There is no other reason bond yields could be so low this far into an inflationary crack-up boom IMHO.