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To: AdamSelene235
Mr. Chicken Little, pick up the red courtesy phone. Mr. Little, the red phone, please.
14 posted on 07/15/2002 9:44:22 AM PDT by Petronski
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To: Petronski
Mr. Chicken Little, pick up the red courtesy phone. Mr. Little, the red phone, please.

Given the GSE's debt to equity ratio of 40 to 1 they are essentially banks without a multiplier restriction. They are pretty much printing money.

Can you explain how to make such a system stable?

23 posted on 07/15/2002 9:51:39 AM PDT by AdamSelene235
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