Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 186.49

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Dec 31 3:59 PM EST

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To: furrfu who wrote (43679)	5/30/2001 6:09:43 PM
From: ajtj99	Read Replies (2) of 56535

Furrfu, the Fed put $10-Billion into the economy the day after the Tax cut. $52-Billion is quite a bit more. Furthermore, this money is spent, not lent. The effect is immediate. It furthers consumption, not capacity. It is an effective use of fiscal stimulus, IMO, following Keynesian economics. I'm not all bent over the rest of Bush's tax cut. I thought a 2-year stimulus was all we needed right now. I don't like mortgaging the future, but I don't like recessions either.

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