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


To: andiron who wrote (61599)5/22/2006 11:19:14 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
Roach makes sense in calling for more CB asset targeting, but his almost religious conviction that we "live in a low inflation world " strikes me as absurd. Does he really believe the doctored CPI numbers?

Granted that globalization has greatly reduced inflation pressures -- they still are much higher than he admits IMHO.