Dorsey Wright & Associates. Point and Figure Message Board

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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Tommy Dorsey who wrote (7665)	5/4/2000 11:56:00 AM
From: demigh	Read Replies (2) of 9427

Tommy, I would really like to get a clear understanding of what the FED is doing with money supply. That Econ101 class I took many years ago isn't helping much right now! You are saying the FED is increasing supply, while I've read elsewhere cnbc.com that the FED is "draining liquidity big-time". I don't know what to make of this. Is Kudlow way off base? Where can I get some facts? Why is the FED raising rates and pumping up the money supply at the same time? Can you tell I'm confused? :-) Anything you can do to help me out is much appreciated. Cheers, Diane

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