tag:blogger.com,1999:blog-2761684730989137546.post3318129078908252520..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Yves Smith — The Hidden Bank Time Bomb: Interest Rate Riskmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-37114661181539349132012-04-24T11:55:37.203-04:002012-04-24T11:55:37.203-04:00Well, it looks like the"natural rate" is...Well, it looks like the"natural rate" is zero from here out. No sign of actual inflation (constantly rising wage) in this environment, and Shiller sees no recovery in housing possibly for a generation. So the vast but shrinking middle and increasing bottom are screwed. But margin will be cheap for speculation.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-30953049337047355572012-04-24T11:29:36.644-04:002012-04-24T11:29:36.644-04:00Sounds like their friends at the Fed will never ra...Sounds like their friends at the Fed will never raise interest rates again for eternity to help them out with this.<br /><br />The Fed also now has a portfolio value that they have to worry about in their misguided way.<br /><br />Makes Warren's Japan policy parallel seem ever more likely imo.<br /><br />Resp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.com