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To: GST who wrote (87081)12/10/1999 11:03:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Glenn -- money supply no longer matters? AG put $196 billion of additional liquidity into the market and it does not
matter? I don't think so. That money looks for some place to go -- it is liquid and flows to wherever it can be put to use
-- the real economy and/or the stock market are good bets.


GST,

If we are talking about the same thing, the printed money is not real liquidity. I see it in my stores. They are new bills but the biyer has to get them for their checking/savings account at the bank.

Glenn

PS Are we talking about the same thing?