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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Jerry Olson who wrote (20072)9/26/2001 4:32:38 PM
From: Paul Shread  Read Replies (2) of 52237
 
Jerry,

I'd be ecstatic if the Fed could cause inflation. Nothing at the moment is predicting that, IMHO.

Look at Japan - stimulus is worthless in a deflationary environment. We've already got an economy that seems immune to rate cuts and massive liquidity pumping - we've got to at least consider the possibility of deflation - that's the only historical precedent for this.

Paul
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