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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Mark Bartlett who wrote (4064)3/10/1999 9:03:00 AM
From: Hawkmoon  Read Replies (1) of 81092
 
Even if they are reality? ..... hhmmm sounds like a propaganda machine in the works to me.

Mark,

I imagine the Fed believes anything in its extreme is bad.

Call it propaganda. Call it soothing the huddled masses.

But there is ALWAYS some commodity, property, good, or service suffering up and down price pressures. What I think AG cares about is the mean average.

And reality is that prices are going down (at least for those who live in the US), and there is overcapacity and poor demand in the global economy. Only the US economy is running at fun steam and were it not for devalued foreign currencies, and overproduction of commodities we would be seeing inflation.

But the alternative to overheating the US economy and soothing people's fears is to leave the world to its own devices, with the potentially dangerous politico-military consequences.

And heck we don't want any wars, now do we?? Going from economic recession to tooling up for war with one's neighbors is extremely inflationary.

Regards,

Ron
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