Kudlow

I hate that he agrees with me....

but we need ..... ME to make loans to the banks.... ME... Narcissistic, my paltry money means nothing to them... But if all the ME's were willing to loan money to the banks ....

What will that take? 10+% interest Rates......

The fed can't loan enough money.....er Print it.

WE WILL SEE A REVERSAL... A MASSIVE SECULAR RUN INTO BONDS... HIGH YEILD BONDS.

IN this DEFLATIONARY CYCYLE without printing money by the ton. there won't be any money to borrow..... Cash is KING. other countries will come in and buy up our country like nobody's business.

The safe place to put money is in 3 month bonds and CDs... over and over again the yield is going to go up and up and up....