tag:blogger.com,1999:blog-4102429195693595750.post2067317416344962269..comments2024-03-22T05:15:17.042+02:00Comments on Sudden Debt: Treasuries As TrashHellasioushttp://www.blogger.com/profile/03564511281240682625noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4102429195693595750.post-10593477442058285482021-09-06T09:34:40.975+03:002021-09-06T09:34:40.975+03:00The problem with revolutions is that they occur in...The problem with revolutions is that they occur instantaneously, or at least they seem to, because those who cause it are deaf and blind to the underlying problems. “Let them eat cake”… should be a warning for all concerned.<br /><br />An enormous rise in money supply, aka “printed money”, cannot but create inflation. So far, it is obvious mostly in assets, like stocks and real estate. But, the rise in commodities, transportation and low-pay worker wages means it is already spilling over to the consumer side. <br /><br />As for the long term… truly no one cares any more, except for weirdos like you and me 😃Hellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-69920136435924975672021-09-06T02:24:12.908+03:002021-09-06T02:24:12.908+03:00Perhaps the traditional way of thinking about the ...Perhaps the traditional way of thinking about the Fed is not right. The Fed is not asking how much does it need to print to prop up the market. The Fed is asking how much can it print before the markets revolt... which leads to a question of what inflation rate do they find acceptable?.... I am going with 10%; just a gut feel...<br /><br />But you are right... just because the printed money does not cause inflation now, does not mean the printed money will never cause inflation.... somehow, I feel that for the people in power, the long term is simply something that cannot be considered.... I feel that about China too... which leads to the question, how terrible is the hidden rot?a kind of chickenhttps://www.blogger.com/profile/17973151064533654331noreply@blogger.com