SI
SI
discoversearch

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.
Pastimes : All Clowns Must Be Destroyed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KeepItSimple who wrote (17914)3/17/2000 2:05:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 42523
 
KIS, you know that there is no direct relation between increase of money supply, where the stock market goes. At least, no provable relationship.

The Fed is not out there buying the QQQ, Diamonds, Spyders, or the Spoos.

However, if member Fed banks need or want money so badly that they are willing to pay more than the discount rate is supposed to be, then the Fed will increase the money supply through repos or coupon passes. It's as simple as that.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext