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Moon Kil Woong is a
Top 10 Commentor
2596 comments
Rating: 6336
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Big Money: How about Japanese Yen. Anyway, I think the Fed and Treasury can deflate the money supply pretty rapidly. They just can't really inflate the money supply to offset fundamental de-leveraging because even if they dump money into the financial system, there aren't any credit worthy people to lend it to.
Nov 25 22:14 pm
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All Comments by Moon Kil Woong »Another Mistake, Another Rally: Time to Switch to Cash [View article]
If you are credit worthy, you would be saving money, not borrowing more right now. So what are we trying to do? Get people to spend more than they can afford once again? Silly Silly Silly.