Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||Mush: One Goldbug Cowering In Fear; entered at 2010-12-23 07:26:42|
Bondzilla can be neutered to some degree (as you've seen.)|
Passthrough inflation is instantaneous (especially in energy.)
Feedback mechanisms are most-effective when their impact is felt immediately and is very difficult (or impossible) to "game"