tag:blogger.com,1999:blog-6616959642391988608.post2116371390744854553..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Federal Reserve's balance sheet shrinks modestlyScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-32525962500103247972009-07-05T08:38:48.258-07:002009-07-05T08:38:48.258-07:00ronrasch: Thanks!ronrasch: Thanks!Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-83189440936683308462009-07-04T12:47:50.026-07:002009-07-04T12:47:50.026-07:00Scott, as we watch the drama of Fed actions unfold...Scott, as we watch the drama of Fed actions unfold, we can be grateful for the great work that you develop and share here to help us watch these cataclysmic forces at work. Thank you for this terrific blog. Happy Fourth of July to you and yours/ronraschhttps://www.blogger.com/profile/14708698068353771219noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-79815796468098988352009-07-03T10:16:16.359-07:002009-07-03T10:16:16.359-07:00Or we wake up one morning and learn the system is ...Or we wake up one morning and learn the system is a massive fraud.....something Economists are not trained to consider and attorneys are experts in analyzing.<br /><br />What if:<br /><br />We learn that the media morphed simply into a pulpit for Wall Street:<br /><br />http://www.washingtonsblog.com/2009/07/fifth-reason-msm-sucks.html<br /><br />And Wall Street was one Massive Madoff like Ponzi alstryhttps://www.blogger.com/profile/16025398896639165994noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82043311291291684012009-07-03T08:47:26.621-07:002009-07-03T08:47:26.621-07:00Good question since it's hard to answer. The s...Good question since it's hard to answer. The standoff: on the one hand the Fed has dumped tons of reserves into the system, which is potentially very inflationary; on the other hand the market seems not to want to use those reserves in an inflationary manner. The resolution of this depends on how fast the market's appetite for loans increases (since loans are now so cheap and money for Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28846023182665974122009-07-03T06:23:02.515-07:002009-07-03T06:23:02.515-07:00Scott, not being that astute, can you expand on yo...Scott, not being that astute, can you expand on your statement, "This is an uncomfortable but very significant standoff that will not last much longer before being resolved one way or the other." Specfically, resolved one way or another. <br /><br />Thanks,<br />rshAnonymoushttps://www.blogger.com/profile/01189394692291693491noreply@blogger.com