Forum - Central Banks (Fed, ECB, BoE, BoJ, SNB, RBA, etc) (Topic)

ptaczek

Brno, Czech Republic

Posts: 110

14 years ago

Mar 8, 2010 17:47

Today at Zerohedge: Fed Announces Expansion Of Revere Repo Program, Adds Money Market Funds To List Of Eligible Counterpartieshttp://bit.ly/cgYWiI

This should add more contrast between US/EU as the Fed is clearly preparing for the exit even without the need to rise interest rates.

PippedOff

Canada

Posted Anonymously

14 years ago

Mar 8, 2010 1:31

Ashraf-there are lots of cross-currents going around regarding a one-time China revaluation, an/or China hiking rates again.

Am I understanding correctly that a rate hike is good for the risk aversion trade, and revaluation would be good for the risk trade?

Please clarify, and which one you think is nore of a reality, and/or likely to happen first.

Thank you.

Ashraf Laidi

London, UK

Posts: 0

14 years ago

Mar 1, 2010 20:57

Handler, call th CMC office in Oslo and ask them that you need for me to present

Ashraf

FXHandler

Norway

Posts: 195

14 years ago

Mar 1, 2010 8:59

and when are you coming to Norway?
it is not so cold here...almost plus degrees now...

regards

Ashraf Laidi

London, UK

Posts: 0

14 years ago

Feb 28, 2010 1:12

Lincoln, Im no pro or anti anything. US will continue to spend and Fed will try to be hawkish in containing potential inflation. Same thing going on in the UK. As far as "potential" is concerned, we're sitting on a ticking inflation bomb; but the key danger is DISinflation occuring from renewed rise in unemployment amd reduced spending.

Ernie, you do not need to "make $$$" to shake my hand. I will be doing seminars in vancouver, montreat and toronto in last 2 weeks of March. Please check with www.CMCMarkets.ca

Ashraf

AbrahamLincoln

, United States

Posted Anonymously

14 years ago

Feb 25, 2010 16:57

Hi Mr Alaidi

I"m originally from Brazil but living in the USA. I remember growing up, and seeing my country immersed in a inflationary process that lasted for decades, some people used to say that our inflation was a "cultural" not a economic thing such deep roots it had in our day by day. As I said it took us almost one whole generation and a government from the "left" to fix the problem.

My question since you are an expert in central banks behavior is:

Do you believe that the FED or the government (via FED off course) will resist to (on the near future) play the inflation card in order to keep spending ?

I feel weird because the way things are developing its like a Dj vu for me. The way the congress is acting the government getting bigger and bigger and everything else.... looks so much as Brazil in the 80/90s.

I understand that you are pro deflation but I'm not getting if you are talking about short or long term.

The American inflation corroded Brasil's external debt in such a way that people not even mention it anymore. And to think that I grew up with this thing called "external debt monster"!!

I'm just wonderind if America would use the same strategy to corrode their own debt.

Mercy bien !!

Salut !!

Ernie

Canada

Posted Anonymously

14 years ago

Feb 24, 2010 23:39

Thank you for your reply.. I do apologies... I just noticed you have another stream for USD commnets...I should have posted there.

It is very confusing with the mass amount of info out there...I have a chunk of money coming due soon and I just do not want to leave it in a GIC - Any insight on articles/opinions I can read up on??

thanks again....I must say you really are beacon of hope for those of us still looking for a path to financial independance. I sure would like to make enough $$$ so that I can meet you and shake your hand..you are a good person.

cheers from Canada!!!

Ashraf Laidi

London, UK

Posts: 0

14 years ago

Feb 24, 2010 21:11

Ernie, if you want to combat against deflation, then USD bonds are definitely the way

Ashraf

Ernie

Toronto, Canada

Posts: 8

14 years ago

Feb 24, 2010 17:36

Do you think the best action against deflation is buying US $$$- going long US $$??

montmorency

Abingdon, UK

Posts: 610

14 years ago

Feb 24, 2010 17:32

Ashraf tweeted a link to this Zerohedge article:
http://www.zerohedge.com/article/full-bernanke-testimony-0

The best part of those articles I find are the comments underneath.
This one creased me up:

"Letting Rep.Waters (C-Dumo.) ask questions of Dr. Bernanke is like opting to have a corpse from an English murder mystery perform open heart surgery on an expired organ donor."

I think it would be fair to say that they have their own agenda over there :-)

Interesting to read the full Bernanke text actually, if one has the patience.