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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: m.philli who wrote (8144)10/9/1999 1:39:00 PM
From: Ahda  Read Replies (1) | Respond to of 81094
 
They looked to the central bank to keep prices under control-not by the old-fashioned methods of price controls but by the indirect methods of using interest rates to control the money supply and monetary demand.

We are trying this system in a different way we have flooded ourselves with dollars and now we will use interest to try to stop what the ease of dollar has done.

When you have easy credit, tremendous money flow, bankers can sign without reading because the cash flow is there. You are asking for problems long range in my opinion.

Or you convince the whole world you are right and everybody does the same thing hoping one remnant doesn't rock the whole boat.



To: m.philli who wrote (8144)10/9/1999 7:43:00 PM
From: long-gone  Read Replies (1) | Respond to of 81094
 
re: Beijing blues, gold and inflation.
thanks mike.