[Toddsterpatriot]

Denninger and the Dennizens of Ticker forum also think that banks profit from inflation

My bank recently gave me a 30 year mortgage at 4.75%. Which of the following scenarios is my bank hoping for?

Over the next 30 years, inflation is 0% - 1% annually.

Over the next 30 years, inflation is 5% - 6% annually.

Over the next 30 years, inflation is 10% - 11% annually.

Over the next 30 years, inflation is 15% - 16% annually.

Also, Denninger doesn't believe that he knows what the total June 2011 treasury holdings of China & Japan will be, unlike others who shall not be named...

You mean Robert Wenzel who wrote "Fed Passes China in Treasury Holdings (Soon Fed will hold more than China and Japan Combined)"

[kiryandil]

ToddsterpatrioTroll, your posts aren't worth reading.

Go bother somebody else with your baseless swill & tripe.

[NeoCaveman]

My bank recently gave me a 30 year mortgage at 4.75%. Which of the following scenarios is my bank hoping for?

In a world where banks held their notes to maturity and there were no derivatives, then the answer would be 0 to 1%.

Since we are not in that world. I'd venture to say "it matters not" to them.