2011-02-12gold-prices.biz

"But “sooner or later” is a nearly useless foresight. So far, as Treasury bonds were concerned, the fear brought on by the bursting of the housing bubble, tumbling stock prices, the near-death experiences of large financial institutions, and the well-publicized bailouts of public companies trumped any concerns about inflation somewhere in the future. The compelling desire, especially among institutional investors, was to escape default risk, and that meant buying Treasuries. Inflation was a hypothetical event that could be dealt with later."



Comments:

catherine at 04:24 2011-02-13 said:
you just can't unemploy 25% of the nation AND THEN RAISE INTEREST RATES ON THEM...............and EXPECT A RECOVERY :lol: :lol:

it destroys anything that might be starting up out there..............when jimmah did this we were in a lot better shape...... Permalink

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