Recent content by jrcase

Per the article: D.C. commuters who wish to be allowed past the convoy must have "T2SDA" – an acronym for the event's original name, "Truckers to Shut Down America" – written on their vehicle, he said. To shut down America implies an economic shutdown. Doesn't it?

http://www.usnews.com/news/articles/2013/10/07/truckers-for-the-constitution-plan-to-slow-dc-beltway-arrest-congressmen

In the late 70's early 80's, yields were in the upper teens. I think 8%+ is coming myself but I am interested in what everyone else thinks as well.

I heard a speaker say that if the Treasury yields ever climb above 7-8% that the US would not be able to service it's debt in 5 years with projected deficits. I have also heard people say that with "rampant" inflation down the road that we could see double digit yields in 5 years. Although...

Or even double digit yields perhaps?: http://money.cnn.com/2009/06/19/news/economy/higher_inflation.fortune/index.htm

Would that $10,000 not buy more goods and services? or are you saying the new currency would be worth (real buying power)the same as the old?

It seems to me that the Fed will not let rates rise and will do anything to stop it from happening. I can understand lowering the short term rate to 0-0.25% to stimulate the economy but would have hoped it would be short term. When they started buying long term Treasuries with money created out...

Ok, I understand the goal was to lower rates and unfreeze credit but what ill effects will this cause? Inflation comes to mind for me since they are simply printing money, right? If this is such a good idea, why have they not done it sooner? Surely there will be some bad effects. Or maybe...

Do you have a link to Greenspan's above comments? I would like to read it.

Video: http://finance.yahoo.com/tech-ticker/article/169781/Peter-Schiff-Stimulus-Bill-Will-Lead-to-%22Unmitigated-Disaster%22?tickers=%5Edji,%5Egspc,QQQQ,SPY,DIA,TLT,UDN