Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Ken98 who wrote (56619)	8/16/1999 4:35:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 86076

Ken, i have noticed...and i am appalled. everytime it looks as though the market may do more than just a cursory correction the boys at the Fed pump more money into the system. since neither the bubble in asset prices nor the bubble in the economy are allowed to correct themselves we will likely face a catastrophe at some point. in less than a decade the money supply has risen some 200%, leading to an enormous misallocation of resources similar to Japan's in the 1980's. by the time policy-makers try to reverse this grave mistake it will be too late. the stock market is about to make a giant blow-off move imo which will destroy the bears and then proceed to destroy the bulls as well. we're in GAGA-land now as Haim is fond of calling it.