Been thinking about the Federal Reserve strategy of creating money to buy back government debt:

 "I know what you're gonna say, son. When two halves is gone, there's nothin' left.  Two nothin's is nothin'. That's mathematics, son! You can argue with me, but you can't argue with figures!  Two half nothin's is a whole nothin'!" 

Source: Foghorn Leghorn

Perhaps Mr. Leghorn is correct. The Federal Reserve strategy of creating money from “nothin’” to buy back treasuries may have unanticipated consequences down the road i.e.; hyperinflation. 


What I am reading currently: 

http://business.financialpost.com/2012/07/11/canadian-housing-prices-are-not-sustainable-david-rosenberg/

Mr. Rosenberg is often referred to as a "perma-bear" in the media.

 http://business.financialpost.com/2012/07/24/toronto-not-in-condo-bubble-rbc/

RBC (Royal Bank of Canada) apparently doesn't agree with Mr. Rosenberg’s pessimistic view. 

http://www.advisor.ca/news/industry-news/canadian-home-prices-will-tumble-capital-economics-85794

..but then again... 

http://www.ritholtz.com/blog/2012/06/revisiting-the-uncertainty-trope/

..more stuff about cranky investors... 

http://in.reuters.com/article/2012/07/10/column-kemp-bubble-idINL6E8IA5VC20120710

..bubble in fear?..no argument here... 

http://www.marketwatch.com/story/why-another-stock-melt-up-is-likely-2012-06-04

..this guy has been scary accurate and not a bad writer either... 

http://research.cibcwm.com/economic_public/download/jul27_12.pdf

...economics in relatively plain language


 

 

 
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