tag:blogger.com,1999:blog-6492542366661862113.post967114932351267295..comments2023-10-31T01:32:09.169-07:00Comments on The Housing Time Bomb: Shades of the 1987 Crash?Jeffhttp://www.blogger.com/profile/04450070920047311928noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6492542366661862113.post-25082387926697880232008-03-12T05:21:00.000-07:002008-03-12T05:21:00.000-07:00What I still can't understand is how the Fed gets ...What I still can't understand is how the Fed gets away with saving the banks at the expense of the dollar when it's mandate is to protect the value of the dollar.<BR/><BR/>Inflation is out of control. Not CPI, but real inflation... energy and food. The two things hardest to cut back on are rising at record paces. By the time the Fed gets around to traising rates to slow inflation, prices will be so high that it will take decades (if ever) for wages to catch up. <BR/><BR/>I don't see balancing as an option at this point.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-24498912964669611142008-03-10T07:09:00.000-07:002008-03-10T07:09:00.000-07:00Anon I agree. I think Ben is ready to cut rates ...Anon<BR/><BR/> I agree. I think Ben is ready to cut rates and allow the dollar to be pummeled in order to save the banks and prevent a systemic breakdown of our financial system. <BR/><BR/> I think at some point when things look stabilized you will see a rising of rates to then control inflation. This will be one tough balancing act.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-74039165173922294982008-03-10T04:03:00.000-07:002008-03-10T04:03:00.000-07:00The big crash will be a dollar crash which will ke...The big crash will be a dollar crash which will keep slowly eating away at the stock marcket. I don't see a one day dip more than 7-10%. But if it continues to dip 1-2% per day for the next 3-5 months the result will be the same. <BR/><BR/>It almost feels like the Fed is wrecking the dollar on purpose. In times like this be in non-dollar denominated assets and stocks that are traded in non dollar backed markets.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-58476571546492473742008-03-09T20:25:00.000-07:002008-03-09T20:25:00.000-07:00do you guys think we see a crash or some type of m...do you guys think we see a crash or some type of market event if the FED can't loosen up the credit markets and inflation continues to rise as our dollar weakens?Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.com