MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.04

-1.7%

Nov 13 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jack T. Pearson who wrote (37339)	1/13/2000 11:42:00 AM
From: Fun-da-Mental#1	Read Replies (1) of 99985

Jack, re "the classic control system problem" - I see you're a fellow scientist! Feedback with a time delay leads to oscillation - that's the business cycle. The point you make about the Fed trying to control interest rates reminds me of OPEC's attempts to control oil prices. They open the tap, and oil goes to $10. They close the tap, and oil goes to $27 and counting. If they really wanted to control oil prices they'd have to make adjustments much more slowly, to give the system a chance to reach equilibrium. But it's not a closed system, the supply and demand picture is always changing, so anyway it's hopeless trying to control it. Fun-da-Mental

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next