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.

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

To: Think4Yourself who wrote (103563)	5/29/2009 9:54:45 AM
From: Perspective	1 Recommendation Respond to of 110194

< liar or incompetent. > Liar. What else would you expect? Of course they know why they can't control the long end of the curve. It may have taken me years to finally arrive at a concise, simple understanding of exactly why, but I'm certain the pranksters at the Fed understand this completely. They think that suppressing the awful truth is better - "for your own good." Message 25678020 keep in mind that in order to press down 30-day interest rates, the Fed has to pony up an amount of money equal to 30 days of the interest differential they're trying to enforce. Now consider what they have to do in order to stuff 10-year rates the same amount. 10 years X 365 days = that's a hell of a lot of money to print for the same effect at the long end of the curve. 3650/30 = over 120 times more expensive! BC