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To: willcousa who wrote (28990)3/2/2006 9:09:18 AM
From: Sarmad Y. Hermiz  Respond to of 95757
 
will, I remember that you had posted a similar argument (only the US economy is large enough to absorb all the surplus dollars) a while back. That keeps US bond rates low. Of course if the Fed keeps hiking, eventually they'll bring on a recession through a restriction of credit. But not because long term rates are low.