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

To: Mike Johnston who wrote (73221)10/30/2006 4:14:22 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 110194
 
If I understand your statement, my answer is that I can't. That's been my point all along.

However, the Fed cannot print money in a vacuum. They have been allowed to do so, mostly because of the ineptitude of the ECB and JGB.



To: Mike Johnston who wrote (73221)10/30/2006 11:08:18 PM
From: John Vosilla  Respond to of 110194
 
Perhaps capital that was misallocated into residential real estate the past two years gets diverted to a better use, generates a better ROE and greater benefit to society?


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