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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (102896)4/29/2009 2:39:24 PM
From: forceOfHabit  Read Replies (1) | Respond to of 110194
 
benwood,

OK, so no surprises from the Fed...but the market likes it that way.

Anyway, it would be interesting to say the least if they try to create a new confidence game to cover up the failed current confidence game. Fool me once, etc., would be in play.

What choice do they have? If Helicopter Ben's carpet bombing with liquidity from quantitative easing and alphabet soup (TARP etc.) doesn't work, and the currency crashes, what will they try next? It has to be a new currency doesn't it?

habit