"The Financial Stability Implications of Digital Assets"
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An interesting paper from researchers at the NY Fed: The Financial
Stability Implications of Digital Assets Here is the overview:
• This article considers...
4 hours ago
4 comments:
http://research.stlouisfed.org/fred2/graph/?g=84j
You can just see the system breaking under the strain in 1982, 2001, and 2007.
I love the hint of turn-up at end of the red line now.
For the blue line to go up, the red line has to come down.
If the red line staircases up again, we'll need a loupe to see where the blue line has gone.
Not 1 in 1000 understands the story of that chart, I think.
Instead, we are encouraged to 'Believe in America'.
Obama's "Forward" concept doesn't reassure me, either. I liked "Change" better.
Troy,
If the red line staircases up again, we'll need a loupe to see where the blue line has gone.
Priceless!
Not 1 in 1000 understands the story of that chart, I think.
Can't even convince "The Bond King". ;)
March 26, 2010
Yahoo: TBT: WHEN BILL GROSS SAYS THAT "BONDS ARE UGLY.."
The Bond King is getting bearish on bonds, to the dismay of individual investors who poured nearly $90 billion into them last year.
Sentiment : Buy
TBT: 5-year Chart
Troy,
Bonus thought.
If the red line staircases up again, we'll need a loupe to see where the blue line has gone.
McLoupe Mansion
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