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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (67760)	8/18/2007 6:35:52 AM
From: Real Man	Read Replies (1) \| Respond to of 116555

I was talking about the cut, flooding with liquidity, enabling the credit junkie cutting when the market corrects too much (less than 10%, by the way), etc. That's what they do. No manipulashun, cause it ain't. Neither was Greenie cut in 1998 LTCM mess. The dollar will go into the toilet now - cut and flushhhhhh.... 70 60 50 40 30 20 10 1 0.0000000000000000001 "There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. The breakdown appears as soon as the banks become frightened by the accelerated pace of the boom and begin to abstain from further credit expansion." -- Ludwig von Mises Later is NOW, and our currency will be going to zero. All because of the Fed, and it's manipulashun.