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To: fut_trade who wrote (81333)	12/28/1999 12:18:00 PM
From: clochard	Respond to of 86076

The whole idea of making more money available for Y2K is absurd to begin with. If people can get to the bank and withdraw their own money, then let them. Why does the government have to lower credit standards and add liquidity? To me its like lending my kids money because they want to party a lot at new year's. This is all just a coverup. There are probably ten LTCMs out there and those *ucking idiots in Washington are at a loss for what to do.

To: fut_trade who wrote (81333)	12/28/1999 12:20:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 86076

Peter, the conclusion at the bottom of the declaration that the acceleration in money supply growth 'will have no effect on inflation' is complete nonsense. this IS inflation. they could have said 'the effect on price increases will likely be confined to the stock market and not spill over into goods and services' (debatable), but to say there will be NO effect on inflation is like saying that in spite of printing 10 dollars on top of the 10 dollars we have, there won't be 20 dollars all in all.

To: fut_trade who wrote (81333)	12/28/1999 1:06:00 PM
From: IceShark	Respond to of 86076

...my fine feathered dolt? Gee-wiz, Don't worry, it was good humored, you will know when I think you are full of shit. -g- It is just that this printing party and runup in the horsemen has me in such total disbelief for so long that I'm slap happy. Beware, trying to apply any brain power or logic to this market is self defeating. Just go with the flow, ..... until it changes. And I'm in the camp that thinks it won't happen quickly. Too many interests in keeping the bubble inflated.