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

To: Paul Kern who wrote (86464)	9/18/2007 11:50:04 AM
From: stan_hughes	Read Replies (1) \| Respond to of 110194

"liberalize the types of paper the fed accepts as collateral" I wouldn't be wanting to do that if it were my bank lending out the money Nor would any of the people already holding your scrip who would view the notional value of their existing security as being cheapened by the acceptance of lesser-grade and therefore more questionable collateral -- you might therefore trigger the bank run of the ages by foreigners with that strategy I honestly don't think it's a viable option for the Fed BWTFDIK