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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (85321)3/26/2001 9:09:39 AM
From: Ilaine  Read Replies (1) of 436258
 
I agree with Grace that the lion's share of growth in the money aggregates right now is due to risk aversion to investing in stocks. That four trillion that used to be in the stock market has to go somewhere and it's not all gone to money heaven. Also there is always a seasonal increase right around April 15 for obvious reasons - people who have to pay tax are saving up, people who got refunds are banking them.
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