SI
SI
discoversearch

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 (71444)10/8/2006 10:28:58 PM
From: TimbaBear  Respond to of 110194
 
If you mean where that quote came from I already provided it.
I wrote it.


Ah, I see, you put it into italics just as you did when you quoted something I said. It might clarify things in the future if you would say something like: "The following is me quoting myself...."....or just not put it into italics in the first place.

Anyway....

In this post you said:
Message 22889373
Although Japan was rapidly printing money, a destruction of credit was happening at a far greater pace.

Then you say, in the post to which I am currently responding:
I believe this chart will suffice.

So, what is your measure of credit destruction? I see nothing on this chart (that you say will suffice) to indicate credit destruction greater than M1 creation. If you do, please indicate it to me. It looks to these eyes like the money injection happened years after the credit contraction. Long enough to be separate events. Credit started contracting in 1990 and the big infusion of cash looks like it occurred in 2001-2.

Look at enormous injections of cash that did nothing.

I am, in fact it was me that brought it up. Are you implying that massive injections of cash into the US economy would have the same impact....nothing? If so, it would be the first time in US history that that would be the case.

But people will believe almost anything.....

Timba