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- ““It’s hard to believe that after blowing up so many bubbles over the past couple years, the Fed is managing to blow yet another bubble...
Thirty-year Treasury bonds are yielding about 2.5 percent. You would have to assume that over the next 30 years there will be no inflation problem..
Given the expansionary fiscal and monetary policy of the United States, “there will be a time when inflation accelerates along with a weak dollar...
When that happens, central banks will have to increases interest rates, which will be difficult to implement.”
-- Marc Faber early in 2009
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- edwardnh: @michaeljung: The @SmartMoney comment is not true. The labor force participation rate was up both SA and unadjusted.
4 days agoedwardnh: @SmartMoney actually that's not true on labor force. rate fell because of seasonal adjustments http://bit.ly/bzI1RR
4 days agoedwardnh: Unprecedented moral suasion from regulators on small businesses lending: Credit Writedowns http://bit.ly/avYp3H
4 days agoedwardnh: Chandler: Policy makers are repeating the mistakes of the 1930s: Credit Writedowns http://bit.ly/aZBjs6
4 days agoedwardnh: Just added two charts: Unemployment number decline is all about seasonal adjustments: Credit Writedowns http://bit.ly/bzI1RR
4 days ago
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