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Strategies & Market Trends : News Links and Chart Links
SPXL 225.98+1.9%Dec 10 4:00 PM EST
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To: Return to Sender who wrote (4265)12/22/2002 3:35:14 PM
From: Softechie   of 29602
 
The Fed is just like the worthless old Communist Russian Central Planning Committees as it doesn’t produce any valuable goods and services. All it can do is manipulate the quantity of US dollars outstanding and the price of the US dollar, commonly known as interest rates. Manipulation of markets is always ultimately futile and inevitably creates far bigger problems than it initially sought to solve. Last month the Fed finally pushed the limits too far and manipulated real interest rates negative for the first time in over two decades.

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