InnocentsAbroad

The Fed is Deflating: 10 Reasons Why

When incomes drop and prices rise, consumption as a whole may decrease -- thus leading to drops in prices of commodities that only have an internal American market. If that is true, baseball park tickets should be less expensive. So, if that is true, this is a good time to go on the Green Bay Packers ticket/owner list.

Treasury Market: Deleveraging Continues

Yes. This is an article, and a darn interesting one. Thanks to Seeking Alpha for brightening my day. Now I get to go and check out how the bond yields are responding.

Repurchase Agreements and Covert Nationalization

Umm -- could it just be simpler to say that the Fed is giving 11% - 3% times 200 billion ($14 billion a year) to prop up a leaking vessel (i.e. the Bush War and the US car economy). Doesn't seem so expensive, particularly by War Economy standards. Will it work? Maybe.