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

To: Secret_Agent_Man who wrote (4994)	3/13/2008 8:14:23 PM
From: Real Man	Respond to of 71409

Yup, all that while da Fed flew around in their hilo and collected $15 billion Yesterday? 10 billion last week. So, all they've done with the printing press since last May (2007) was to stick 25 billion back into it, 10 billion last week, 15 billion this week. All that while lowering rates and drastically increasing temporary lending, accepting questionable AAA MBS paper for collateral. Interesting strategy. newyorkfed.org They are sure fighting financial AND currency crisis. It may just get too big for them, when the reserve demand from the banking system exceeds the size of SOMA. Rates on everything except the treasuries shot up due to exploding credit risk. Mortgage rates did not come down significantly. If they did raise, that would have caused a systemic meltdown, I believe. The crisis is their doing, but mostly AG Fed is to blame for the policies of the last 20 years. Ben is fighting the way he can, and he is not printing yet, the other way around. If he starts printing, watch out! -g-