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 Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (78989)	6/6/2007 1:19:03 PM
From: Tommaso	Read Replies (3) \| Respond to of 306849

Six percent was a good old fashioned interest rate even under a gold standard. The ten-year Treasury ought to be there right now. If signs of inflation continue (and there are plenty), the Fed may shock everyone by increasing rates instead of cutting. I have always thought that to take Bernanke's helicopter-drop remark as a serious indication of his mentality is somewhat like thinking that Jonathan Swift really meant for people to start cooking babies to cut down on overpopulation in Ireland. To me, Bernanke looks like the academic type who will say firmly, "I am sorry, but you fail; you didn't do the work." But we will see what he (and the rest of his Board) actually does. He sure sounds in no mood to try to rescue foolish real estate borrowers and lenders.