SI
SI
discoversearch

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


To: Tommaso who wrote (18845)3/19/2009 11:48:35 AM
From: Real Man  Read Replies (1) | Respond to of 71442
 
Screw it all. Meltdown time. That's a warning.-ng-



To: Tommaso who wrote (18845)3/19/2009 6:19:56 PM
From: Sea Otter  Read Replies (1) | Respond to of 71442
 
The argument is that all this new money won't be inflationary, inasmuch as it will merely substitute for the dearth of private credit. The two will somewhat cancel each other out in terms of monetary impact. And once private credit comes back the Fed will ratchet down the money supply accordingly.

That's the Party Line, is it not?

I can't credibly appraise this argument, as I fell asleep in my econ class at Stanford. My instincts tell me that there may be some logic to it as a matter of pure theory, but will be impossible to execute in practice. Sort of like nuclear fusion.