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.
Strategies & Market Trends : ahhaha's ahs
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Keith Monahan who wrote (2247)5/15/2001 4:28:41 PM
From: ahhahaRead Replies (2) of 24758
 
Because it is believed by authority that we the people can't create prosperity. The official truth is that only central banks can make economies go. From '95 until '98 you hardly heard a word about FED and interest rates. Now, it's everything. We the people are nothing but bums, that is, in the view of the illiterati.

The only way to get stocks up would have been to do nothing. Instead, FED is reacting to their own fear and ignorance. They don't have a clue about where the problem lies. The problem lies in what is dear.

In our society nothing is dear. When this has happened in the past in the various and unique ways it has, people inadvertently find ways to destroy or reduce the nominal value of everything. That propensity is what has to be attacked.

One way is to raise interest rates. Another, less aggressive, is to do nothing. Instead FED intervenes to throw gasoline on the fire. I should say they throw water on the fire which is already dying. They labor under the mistake that more money will get you to do what you should be doing when it's less money that will get you doing. That's what reality is trying to do, make you poor, so that you can prosper. FED is fighting to prevent you from becoming poor, and so is ensuring you will become poor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News