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Strategies & Market Trends : The Stock Market Bubble

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To: sammaster who wrote (2292)11/3/1998 7:21:00 PM
From: Moominoid  Read Replies (1) of 3339
 
The point in the stack of money is to make speculators think that the government can defend their currency and so they stop selling it. That lets the Central Bank lower interest rates which will stave off the chance of economic collapse while they slash the budget deficit.

It was found in the 1980s that programs backed by foreign money had a much higher chance of success.....

David
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