Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Yogizuna who wrote (35788)	12/22/1999 4:33:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

Yogi, the FED is supposed to take care of price stability and economic expansion. During the last several years they failed to keep price stability, so they failed. As to the GDP if excluding the internet mania the economy actually contracted and not expanded, as reflected in the "old era stocks" all down. BWDIK Haim

To: Yogizuna who wrote (35788)	12/22/1999 4:33:00 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 99985

I was asking that as a sincere question. My understanding is that the Fed isn't responsible for regulating the stock market and this goes to the heart of my question on this thread yesterday. The Fed obviously knows that they are inflating the bubble and that it will have to end in tears eventually. So the question was, "what is the bigger disaster that they are hoping to avert?". Is it the domino effect of international Y2K disasters? Failure of financial institutions? Depression? Recession? Deflation? War? What is it that he sees, that is so ominous that he would be willing to risk both inflation and the bursting of the bubble? I don't know enough about this stuff to make an informed decision, but this doesn't preclude me from asking questions based on what I see as a disconnect in logic from the fed. And instead of assuming that the fed has somehow gone crazy, I am trying to look at it from the standpoint that maybe the disconnect is that I don't see the entire picture. Personally, I believe in the free market and object to government (or government sponsored) intervention. But we have the reality of the fed today.