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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST
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To: RetiredNow who wrote (60660)8/5/2002 8:52:09 PM
From: ahhaha  Read Replies (1) of 77397
 
when the Treasury Dept. sells bonds, they are TIGHTENING money supply. Correct?

Incorrect. The Treasury neither sets nor controls monetary policy.

I don't know what the volume has been this year on new Treasury bond sales. But if it has been significant, then that's going to put a further crimp in our economy which is struggling to avoid a double dip right now.

Nope. Rollover has no detectable effect on economy. New Treasury paper sold is merely being exchanged for demand deposits. No net effect except a small increase in interest liability.
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