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To: Bill Harmond who wrote (87067)12/10/1999 9:28:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
I don't know. I do know that the currence in circulation is having an unprecedented expansion in case there is a run of
sorts on the banks.

My local banks tell me this has already begun by the elderly.

I dount they are taking this printed cash from the banks and placing in in the market<G>

Glenn



To: Bill Harmond who wrote (87067)12/10/1999 10:38:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
William <If we were having an unprecidented expansion in the money supply while the economy is booming, commodities would roaring and bonds would be sinking. Just the opposite is happening right now.>

Or stocks would be soaring to incredible heights. First you say money supply is not growing, then you say it does not matter. It matters to somebody somewhere. The money goes someplace -- look at the NAZ. Maybe some of it went there this month :)



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