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

To: Gary Mohilner who wrote (19987)	4/24/2009 10:56:30 PM
From: Robin Plunder	Read Replies (2) \| Respond to of 71456

"In the future perhaps higher rates will come, perhaps regulations should be eased, but it's the lack of regulation that brought us to where we are, imposing some limits and rules could turn this economy around rather quickly, but the banks and credit card companies that put us here would hate it." i think what brought us here is that debt to gdp is 3.6-4.5X, depending on which report you look at, and there is simply no way that our economy can support that debt..and certainly cant add any more....so debt is going to deflate. in response, our keynesian govt is going to print money as fast as they can...which will produce the inflation (and higher interest rates). the question of timing, from deflation to inflation, is unknown. ...just dont make a mistake in ur timing...:) rp

To: Gary Mohilner who wrote (19987)	4/25/2009 8:42:22 AM
From: niceguy767	1 Recommendation Respond to of 71456

Sounds good to me. Give consumers a break by applying those bailout funds to lowering mortgage interest rates and/or rent relief, and lowering credit cards. The banks could receive funding for the equivalent that consumers benefit from the lowered rate. That way the consumer gets a break and the banks don't get penalized. (vs. the current formula whereby bank failures are rewarded and the consumer, by comparison, is left twisting in the wind.) Pareto optimal (the best for the most)! That's a novel thought...at least for this gang of monopoly money maroons currently making the decisions.