VOLTAIRE'S PORCH-MODERATED 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 : VOLTAIRE'S PORCH-MODERATED

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Willie CB who wrote (34142)	3/20/2001 1:32:22 PM
From: edamo	Read Replies (2) of 65232

jimmy...unfortunately the federal reserve reform act of 1977, and modified by the humphrey hawkins act of 1978 granted the fed the ability to conduct monetary policy so as to promote effectively the goals of maximum employment, stable prices, and moderate long term interest rates... this in itself is rife with ambiguity....i believe if inflation is kept low, as it has been, then the resultant market interest rates will also be low....not the mandated "moderate" fed policy has caused every recession post vietnam war, as they used erratic money supply to "fine tune"? what was perceived as a current economy that was not long term beneficial....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next