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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (77877)12/3/1999 10:03:00 AM
From: BGR  Read Replies (1) of 86076
 
Heinz,

And the US equity bubble is maintained by a massive conspiracy of and massive liquidity injection by the Plunge Protection Team, right?

OK, we have come full circle now. The US Central Bank prints more dollars. That pushes up the US equity market. That pushes up the dollar in relation to the Euro.

In other words, increased supply of a currency pushes its demand up!!!

The above is an example of razor sharp analysis which allows one to ignore the effect of higher interest rates imposed by the inflation hawks in the ECB on recovery of the EU economic zone and avoid challenging ones bias!

-BGR.
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