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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (32724)7/1/2010 11:42:22 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Re: "inflation just doens't exist mostly because our capacity utilization is so low."

Exactly right on that.

Capacity utilization very low and I'd also add the obvious that UNEMPLOYMENT (official and otherwise) is way high.

Re: "The govt is double screwed because they spent all their debt ammunition"

Well... they can't very easily lower interest rates BELOW zero. But, as the last article talked about, they can sure fire up 'Quantitative Easing' --- they can BUY BONDS!



To: Wayners who wrote (32724)7/1/2010 11:44:05 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Mortgage Bonds Booming

Race for 'Safe' Assets Sends Home-Loan Rates to New Low as Recovery Wobbles

* JULY 2, 2010
online.wsj.com

Agency Mortgage Bonds Return Most to Start Year Since 2002

Bloomberg
July 01, 2010, 12:39 PM EDT
By Jody Shenn
businessweek.com