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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (2410)11/18/2007 7:19:52 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 71456
 
those guys live in a bubble. or shall we say, not here. if they lived here, they'd be certifiably blind.



To: Giordano Bruno who wrote (2410)11/18/2007 8:32:32 PM
From: Tommaso  Respond to of 71456
 
>>>"Right now, they're going to view this as good, not bad," said Brandeis University professor Stephen Cecchetti. "There are no tangible inflation risks that are coming out of it."<<<

idiotspeak

you'd think a pointy-headed academic could entertain a thought beyond what was immediately "tangible"



To: Giordano Bruno who wrote (2410)11/18/2007 8:51:53 PM
From: Tommaso  Read Replies (1) | Respond to of 71456
 
I have just sent the following email to Mr. Reddy; in the unlikely event that the WSJ publishes it, it will blow my cover on SI:

"Right now, they're going to view this as good, not bad," said Brandeis University professor Stephen Cecchetti. "There are no tangible inflation risks that are coming out of it."

Is this is a sincere comment on the falling value of the dollar? If so, it would be best for Professor Cecchetti if he already already has tenure at Brandeis.

As long as one is floating in midair, "tangible risks" are of no concern. But that happy condition is transitory. Is it really necessary to instance all the examples from history where a failing currency presaged domestic inflation? Is it really necessary to insist that the law of gravity is still in operation?

Perhaps Professor Cecchetti is making an ironic comment on the intelligence of the Federal Reserve. In that case, I offer apologies for taking him seriously.



To: Giordano Bruno who wrote (2410)11/19/2007 11:00:06 AM
From: John Vosilla  Respond to of 71456
 
The ultimate conundrum is where long term rates are given how far the dollar, oil and gold have moved in the last 4-5 years.. Could this so called 'global liquidity' keeping cost of capital for businesses so low be a huge driver in keeping inflation at bay? Businesses need to make a profit to stay in business...easier to do and not pass rising costs to consumers if cost of capital remains so low..