Julio Huato wrote: > http://link.brightcove.com/services/player/bcpid452319854?bctid=1137970231 > > Phil Izo (WSJ reporter): Do you think it [the central banks' injection > of liquidity] is gonna be enough? > > DW (WSJ): I have no idea whether it's gonna be enough. I suspect they > don't know whether it's gonna be enough.
if it isn't enough, they'll inject more, no? the key question for me is whether or not there are more and/or bigger problems trickling up from the collapse of the housing bubble that will necessitate more and more and more intervention by the CBs. Then the interventions threaten us with more inflation. as I've said, the Fed faces a dilemma. Lower rates, a lower dollar, more inflation vs. higher rates and greater collapse. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante.
