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

To: Mike Johnston who wrote (75041)	2/21/2008 5:06:48 PM
From: Crimson Ghost	Respond to of 116555

The era of "moflation" Message 24331174

To: Mike Johnston who wrote (75041)	2/21/2008 5:50:22 PM
From: SouthFloridaGuy	Read Replies (4) \| Respond to of 116555

So the Icelandic Krona has 8% real rates, yet prices are rising there. Please explain for me the efficacy of monetary policy.

To: Mike Johnston who wrote (75041)	2/21/2008 6:03:09 PM
From: roguedolphin	Respond to of 116555

<<<"Tighten the money and you solve most of the problems like inflation, lack of saving, asset bubbles, massive fraud and corruption, global misallocation of capital, collapsing living standards, global trade imbalances, lax lending standards etc.">>>> My gosh......that's so "old school" and makes too much sense! This is the new-era of Orwellian economics don't you know??? Let's continue the chaos!.....we'll eventually get "order from the chaos" I'm sure.... ....the fabled "New World Order"??