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To: pater tenebrarum who wrote (82552)	1/6/2000 1:16:00 AM
From: KeepItSimple	Read Replies (1) of 86076

Question. Yesterday, on the 4th, was the first business day in months that the fed refrained from pouring liquidity into the banking system. Jan 4th was also the largest single point drop in the history of Nasdaq. Today, they decided to add liquidity again, with no reason given- Y2K is over and there was no problem. So, at this point, is Easy Al simply terrified of what will happen if he stops printing money for the banks to throw/loan into the markets? Can someone tell me how this can end in a circumstance other than: a) the complete collapse of the dollar, resulting in double digit inflation via the bond market b) the complete collapse of the stock market is there a c) ? Anyone? I was a biz management/comp sci major and I can't figure this one out.

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