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To: GST who wrote (87111)12/11/1999 3:21:00 PM
From: Bill Harmond  Respond to of 164684
 
>>If it is Y2K fuel, where do we go after the party?

They'll drain it. Count on it.



To: GST who wrote (87111)12/12/1999 11:08:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
What the article I posted is talking about is an additional $196 billion CREATED in
deposits by the Fed -- this is liquidity.


GST,

How does the Fed create deposits? I did not know they could do that.

Glenn