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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: JF Quinnelly who wrote (7805)8/16/1999 10:30:00 PM
From: Sam  Read Replies (2) of 15132
 
Barron's also prints the Fed's reserve requirements. In case you haven't noticed, they've been increasing the requirements, with the not surprising result of decreasing free reserves.

P.S. When I say the fed "prints" money, it is a euphemism. Like Cisco can "print" money too. And even Indonesia at one time could "print" US dollars, when they had their peg and people were abiding by their fiction before it all finally and rightfully exploded in their duplicitous faces. Sorry about the confusion.
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