Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (10782)	7/16/2008 6:18:48 PM
From: surelockhomes	Read Replies (1) \| Respond to of 50094

I think maybe you give Greespan to much credit. Yes he started it with ultra low rates, but wall street perpetuated it with creative instruments and leverage. The low rate loans continued even after the Fed raised rates. But most of that crap has blown. No more low rates. All the Fed has now is the Prime rate which was low to begin with that got the debt bubble going. They need to get it lower again soon, as that's all there is now. The longer they wait, the more traction deflation gets.

To: SliderOnTheBlack who wrote (10782)	7/16/2008 6:28:57 PM
From: philv	Respond to of 50094

The correct way to address the gentleman is "Sir Greenspan".! archives.cnn.com

To: SliderOnTheBlack who wrote (10782)	7/16/2008 6:29:33 PM
From: JimisJim	Respond to of 50094

You mean the Paraguayan ranch the Bush family bought a couple years back? I thought the Bushes still blamed Greenie for costing H.W. his re-election vs. Clinton. This would make for a very amusing latin american soap opera if so many people weren't losing everything they've got. Jim

To: SliderOnTheBlack who wrote (10782)	7/16/2008 7:03:57 PM
From: NOW	Respond to of 50094

should be, but wishful thinking never did get us anywhere

To: SliderOnTheBlack who wrote (10782)	7/16/2008 8:24:24 PM
From: I_C_Deadpeople	Respond to of 50094

I am a commodity investor and clearly the other thing that is new (not saying it is different this time, but...) is with 50% or so of the world population becoming consumers there simply is not enough supply of common commodities - energy, foods, base metals and PM's if they invest. A lot of TA, such as Elliot Wave makes an assumption that supply and demand are variables. If one side is not, like supply, then the price goes up and creates inflation or stagflation depending on the economy and currency you live within. I work in the chemical industry and the price changes we are seeing are now under 15 days notice, some no notice. Dow has raised their prices 45% this year on the materials we buy from them. Rohm & Haas is creating a flexible pricing structure where there is a base price plus freight surcharge plus energy surcharge plus, plus, plus. This is all good news for me the investor, but nor good news for me the business person or consumer.