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.
Non-Tech : QQQ - Nasdaq 100 Trust
QQQ 635.77+0.5%Oct 29 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Savant who wrote (827)12/20/2002 9:20:48 AM
From: Bill Ounce  Read Replies (1) of 840
 
Greenspan uses the "D" word:

usatoday.com

[...]

The Fed chief did dismiss worries that the Fed was in danger of running out of ammunition just at a time when economic
weakness could trigger deflation, a prolonged bout of falling prices.

"The United States is nowhere close to sliding into a pernicious deflation," Greenspan said. If such a threat should emerge, the
Fed would be prepared to use a variety of tools to boost the money supply beyond its normal approach of targeting the federal
funds rate, he added.

"Clearly, it would be desirable to avoid deflation," Greenspan said. "But if deflation were to develop, options for an aggressive
monetary policy response are available."

[...]
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext