August 28, 2005

a dirty story



 don't believe this but ...



==============================



okay the wally tops
control credit flows right ?


so when they cut back the flow rate

reduce the credit ration sizes 
                     and quantiies
 
they make nice...

they  comp the shylocks
by 
upping
 "the fomc  adminsitered "
              interest rates 

so for shylocks

its

" what?

me worry ?

shit 
either I 
make less on more
 or more on less

same diff
          right? "


but pangloss gear loose 
                 side effect:

since it all happens at once 


the cutting 
of credit rations 
looks 
like  an effect

and the cut's 
banker-comp plan 

the higher interest rates 
look like 
the  cause 


qed 


--------------------------
Posted by pinky at August 28, 2005 07:47 AM

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