Ich glaube nicht, das es künftig an $-liqui mangelt

verfasst von FOX-NEWS, 18.05.2004, 18:57

-->Sorry, dass ich wieder bei FSO zitiere

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USDOLLAR SACRIFICED TO SAVE BONDS

Countermeasures are few at the disposal of authorities, as they demonstrate. P&P overlook a truly enormous device though. The Fed in all likelihood will monetize many types of debt, but do so secretly. Better to add to the US$ money supply behind closed doors than to allow long rates and mortgage rates to rise uncontrollably. Rumors are so hot now that ears are burning. The Fed might be preparing to monetize the Fanny Mae hedge book. They are well aware of mortgage convexity, and its unchecked potential for rising rates to cause massive sales of overloaded GSE hedge books. Expect the Fed to bail out some private hedge funds (maybe Meriwether’s new hedge fund). The Fed is also sure to monetize some portion of the federal deficit after the US Economy falters from rising rates, its bane. This is a natural response to troublesome bond liquidity. Unfortunately, such budget bailout activity is done in a public fashion. It broadcasts an open season to short the USDollar. The carry trade crowd knows all too well how to read these marquee banners in flashing lights. Gold will respond very well in the next phase of lost control. Upcoming Fed-speak statements will be the source of amusement, if not derision. Fed credibility will be lost completely.

In a manner of speaking, the USDollar crash will be administered in a collectivized fashion in order to dilute the rate rise. Despite broad laughter, very large helicopter money drops, like with tax rebates, might be both commonplace and more socially fair, if not more economically practical. At least people would be able to pay bills. Do we want a cost push or a demand push? My vote is for a demand push. Put money in people’s hands and let the price structures adapt. The alternative is to allow for disruption from liquidity seizure. Americans love cash gifts, and American politicians love to give them. For certain, the next rounds of rate rises and US$ bounces will be frightening and disruptive. Never under-estimate the ability of American institutions to provide credit, and in the future for banks to advertise reverse mortgages. We respond to crises with evermore credit. Before long, the Fed itself will ensure credit supply. If the Japanese and Chinese deny supply, the Fed will surely step into the void and monetize both federal and commercial credit. The US$ will subsidize bond market supports. The ultimate victim will be the USDollar, a sacrificial lamb, which is headed into crisis mode.

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<ul> ~ Quelle</ul>

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gesamter Thread:

• Fremdwährungsanleihen ab 2005 - Frau Barbara spricht - dottore, 18.05.2004, 18:08
  • Re: Ranzige Margarine am Niederrhein...die Wunderwaffe kömmt zum Einsatz - Baldur der Ketzer, 18.05.2004, 18:18
  • Barbara! Diese Margarinen - Pirouetten vom Unterrhein - Emerald, 18.05.2004, 18:26
    • Re: Unphysisch leider nicht möglich - dottore, 18.05.2004, 18:39
  • Re: Fremdwährungsanleihen ab 2005 - sind die alle doof? - mkT - McShorty, 18.05.2004, 18:33
    • Dollar-Emissionen und Konversionen und Kurs-Entwicklung - Emerald, 18.05.2004, 18:43
    • Ich glaube nicht, das es künftig an $-liqui mangelt - FOX-NEWS, 18.05.2004, 18:57
    • Re: Fremdwährungsanleihen ab 2005 - sind die alle doof? - mkT - chiron, 18.05.2004, 21:05
  • Wechselkurschancen... - FOX-NEWS, 18.05.2004, 18:40
  • Re: Fremdwährungsanleihen ab 2005 - Frau Barbara spricht - Dimi, 18.05.2004, 18:58
  • Japan! - Zandow, 18.05.2004, 19:13
    • es findet genau deswegen statt, WEIL es sinnlos ist..... - Baldur der Ketzer, 18.05.2004, 19:37
      • Ja, es scheint so. Wie alles. Und... - Zandow, 18.05.2004, 19:47
      • Echt stark! Dann kann dieser Coup kann nur ein Ablenkungsmanöver sein, wofür???. (o.Text) - Easy, 19.05.2004, 01:17
    • Ein kleiner Schritt zur Neuen Weltordnung? Ãœberall nur noch $$$? (o.Text) - prinz_eisenherz, 18.05.2004, 20:48
    • Re: USD-Anleihe in D / Zins- und Währungsswap - ---Elli---, 19.05.2004, 01:44
      • Dank für Erklärung (o.Text) - Zandow, 19.05.2004, 10:15