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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: Bill Harmond who wrote (87063)	12/11/1999 11:49:00 AM
From: Eric Wells	Read Replies (2) of 164684

The money supply expansion they talk about is the technical work they're doing William - I'm not an economist, but I've taken a few graduate courses in economics, so I have a basic understanding of economic principles. But even with my limited knowledge of economics, I'm still having difficulty fully grasping what you are trying to say. Two articles have been posted on the thread that state that the Fed has been facilitating an unprecedented expansion in the money supply over the past two months. Yet you indicate that the money supply is not actually expanding - that the Fed's work is "technical". I really want to understand this. Would it be possible for you to lay it out and explain it in detail? Thanks, -Eric

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