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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (1755)12/7/1999 11:12:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
Those are some interesting Nostradamus-type quotes. I'm a bit reluctant to think that the Fed was that influential prior to Glass-Steagal
<It may be well again to stress the all-important point that the Federal Reserve has it in its power to change interest rates downward any time it sees fit to do so and thus to stimulate business.">

In other words, I think they came into their own after 1933, more so, when their Charter was to fight Inflation (or so it appeared). But I have to get that book, I've heard about it over the years, I'd like to read it.

Thanks for the link. Did you decide to get it? Perhaps you've read it already?