- This topic has 190 replies, 17 voices, and was last updated 15 years, 7 months ago by
jficquette.
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October 19, 2008 at 11:12 AM #290042October 19, 2008 at 11:46 AM #289710
peterb
ParticipantHistory is 100% on the govt being helpless to stop a credit burst when it’s at these proportions. 1825, 1873 and 1929. Just wait and see the carnage we’re going to keep getting.
And on a positive note, check out the latest mortgage rate news. The biggest weekly jump in 22 years. Hmmm, sounds like somethings a comin.October 19, 2008 at 11:46 AM #290019ParticipantHistory is 100% on the govt being helpless to stop a credit burst when it’s at these proportions. 1825, 1873 and 1929. Just wait and see the carnage we’re going to keep getting.
And on a positive note, check out the latest mortgage rate news. The biggest weekly jump in 22 years. Hmmm, sounds like somethings a comin.October 19, 2008 at 11:46 AM #290025ParticipantHistory is 100% on the govt being helpless to stop a credit burst when it’s at these proportions. 1825, 1873 and 1929. Just wait and see the carnage we’re going to keep getting.
And on a positive note, check out the latest mortgage rate news. The biggest weekly jump in 22 years. Hmmm, sounds like somethings a comin.October 19, 2008 at 11:46 AM #290058ParticipantHistory is 100% on the govt being helpless to stop a credit burst when it’s at these proportions. 1825, 1873 and 1929. Just wait and see the carnage we’re going to keep getting.
And on a positive note, check out the latest mortgage rate news. The biggest weekly jump in 22 years. Hmmm, sounds like somethings a comin.October 19, 2008 at 11:46 AM #290062ParticipantHistory is 100% on the govt being helpless to stop a credit burst when it’s at these proportions. 1825, 1873 and 1929. Just wait and see the carnage we’re going to keep getting.
And on a positive note, check out the latest mortgage rate news. The biggest weekly jump in 22 years. Hmmm, sounds like somethings a comin.October 19, 2008 at 3:29 PM #289745cr
ParticipantI don’t know when, but probably sooner than later rates will have to go up.
If they hit 13% I’m going to look for a 30 year CD.
October 19, 2008 at 3:29 PM #290054ParticipantI don’t know when, but probably sooner than later rates will have to go up.
If they hit 13% I’m going to look for a 30 year CD.
October 19, 2008 at 3:29 PM #290060ParticipantI don’t know when, but probably sooner than later rates will have to go up.
If they hit 13% I’m going to look for a 30 year CD.
October 19, 2008 at 3:29 PM #290093ParticipantI don’t know when, but probably sooner than later rates will have to go up.
If they hit 13% I’m going to look for a 30 year CD.
October 19, 2008 at 3:29 PM #290097ParticipantI don’t know when, but probably sooner than later rates will have to go up.
If they hit 13% I’m going to look for a 30 year CD.
October 19, 2008 at 4:11 PM #289775jficquette
Participant[quote=kewp]The 70’s prove that the Fed can overpower recessionary deflation and cause something worse. Oddly, I hope I’m wrong.
You almost certainly are.
The dominant economic trends are all deflationary. All the Fed printing is doing is keeping the banks *barely* operational. There isn’t enough excess liquidity available for price/salary inflation.
All our past over-consumption basically amounted to money-burning. Foreclosures, bankruptcies, unemployment, credit card defaults etc. are all the equivalent of dollar destruction and ultimately deflationary. The Fed printing isn’t even close to keeping up.
[/quote]
Net new money isn’t created unless its borrowed. If no debt is in involved then its simply cash to cash.
The Fed doesn’t print money. It sets conditions to influence how much of it is borrowed. Its the borrowing that expands the money supply.
Low rates won’t help anything if people are not willing to borrow it.
John
October 19, 2008 at 4:11 PM #290084Participant[quote=kewp]The 70’s prove that the Fed can overpower recessionary deflation and cause something worse. Oddly, I hope I’m wrong.
You almost certainly are.
The dominant economic trends are all deflationary. All the Fed printing is doing is keeping the banks *barely* operational. There isn’t enough excess liquidity available for price/salary inflation.
All our past over-consumption basically amounted to money-burning. Foreclosures, bankruptcies, unemployment, credit card defaults etc. are all the equivalent of dollar destruction and ultimately deflationary. The Fed printing isn’t even close to keeping up.
[/quote]
Net new money isn’t created unless its borrowed. If no debt is in involved then its simply cash to cash.
The Fed doesn’t print money. It sets conditions to influence how much of it is borrowed. Its the borrowing that expands the money supply.
Low rates won’t help anything if people are not willing to borrow it.
John
October 19, 2008 at 4:11 PM #290090Participant[quote=kewp]The 70’s prove that the Fed can overpower recessionary deflation and cause something worse. Oddly, I hope I’m wrong.
You almost certainly are.
The dominant economic trends are all deflationary. All the Fed printing is doing is keeping the banks *barely* operational. There isn’t enough excess liquidity available for price/salary inflation.
All our past over-consumption basically amounted to money-burning. Foreclosures, bankruptcies, unemployment, credit card defaults etc. are all the equivalent of dollar destruction and ultimately deflationary. The Fed printing isn’t even close to keeping up.
[/quote]
Net new money isn’t created unless its borrowed. If no debt is in involved then its simply cash to cash.
The Fed doesn’t print money. It sets conditions to influence how much of it is borrowed. Its the borrowing that expands the money supply.
Low rates won’t help anything if people are not willing to borrow it.
John
October 19, 2008 at 4:11 PM #290123Participant[quote=kewp]The 70’s prove that the Fed can overpower recessionary deflation and cause something worse. Oddly, I hope I’m wrong.
You almost certainly are.
The dominant economic trends are all deflationary. All the Fed printing is doing is keeping the banks *barely* operational. There isn’t enough excess liquidity available for price/salary inflation.
All our past over-consumption basically amounted to money-burning. Foreclosures, bankruptcies, unemployment, credit card defaults etc. are all the equivalent of dollar destruction and ultimately deflationary. The Fed printing isn’t even close to keeping up.
[/quote]
Net new money isn’t created unless its borrowed. If no debt is in involved then its simply cash to cash.
The Fed doesn’t print money. It sets conditions to influence how much of it is borrowed. Its the borrowing that expands the money supply.
Low rates won’t help anything if people are not willing to borrow it.
John
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