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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.98+0.6%Nov 21 4:00 PM EST

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To: Ahda who wrote (41440)9/28/1999 11:40:00 PM
From: Thomas J. Benthall  Read Replies (1) of 116764
 
<< suppose the FED puts out a additional printing of x dollars to cover any accounts that drawn due to concern with y2k issues, >>

Wouldn't the Fed put out dollars only if bank runs occur? A run on the banks would be deflationary, wouldn't it?

If massive bank runs occur, I don't think the Fed can print up money fast enough.
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