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: mishedlo who wrote (69520)	9/8/2006 4:14:17 PM
From: russwinter	Read Replies (2) \| Respond to of 110194

I thought we were talking about overall fuel to spark inflation, so why even bother to suggest that just because the Fed has others doing most of it's dirty work, it some how gets a passing grade? It's all the same end result, highly inflationary. My point is clear and was backed up, the Fed isn't the only source of US inflation. Other central banks who buy our junk as much so or more. They are directly intervening in US monetary policy. Besides, the Fed still is printing at a fairly high run rate, about 5% annually, and further baked in a batch of inflation with 10% run rates in 2004. FCBs have monetized another 10%, so credit and money growth for the US Ponzi Finance economy in total is 10-15%, far more than is needed for productive use. Hence all the speculation and resulting spill over inflation. <about the amount of monetization the Fed is doing and I believe you said little.> There have been brief periods (when I was fooled actually, got me out of gold and copper too soon)), when both the FCBs and Fed have reigned it in some, but not in aggregate. Right now FCBs are running amok, and Riskloves are unrestrained on even more credit creation via Yen and Euro carry trades. The later is paper money creation.