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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Ken98 who wrote (57531)8/20/1999 12:08:00 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
re: the Fed: they're addicted...credit creation is now totally out of control. and you're right, the coupon pass immediately led to a jump in bonds and stocks, meaning all this newly created money found it's way into the markets right away. this is a stern warning to the bears: the bulls have the better cards, since they have easy Al in their pocket.
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