Clown-Free Zone... sorry, no clowns allowed 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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: patron_anejo_por_favor who wrote (18604)	9/15/2000 1:36:00 AM
From: Ken98	Read Replies (1) of 436258

Patron, when do you figure Bubba will announce a SPR release? My guess is next Tuesday morning. Max effect going into expiration. The Iraq situation is a fly in that ointment though and may upset Bubba's plans some. NG continues to blow-up in their face and there is nothing they can do about that one. Kasriel's comments re. Fed and oil: <<Now, if the Fed were targeting the money supply rather than the fed funds rate, this could not happen. As people saved less/borrowed more, interest rates would be allowed to rise by the Fed. The Fed would not create more money. The higher interest rates would induce some to increase their saving/decrease their borrowing. Thus, at the end of the day, spending on non-oil goods and services would fall, the prices of these goods and services would fall, and therefore, the general price index would not rise. The Fed does peg the funds rate, not the money supply. And, in recent weeks, the M2 money supply has started to grow more rapidly. So, higher oil prices have not caused higher inflation. But they may have induced the Fed to print relatively more money, which has caused higher inflation.>>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next