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To: awi who wrote (5831)2/1/2000 5:54:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
Anko, it's excessive credit demand...money supply growth in the Euro-zone is way above target. i have to say though i haven't looked at the ECB's repo's sizes and durations...so i have no opinion on the subject apart from above observations. Duisenberg has btw. already opined on one occasion that he's not happy with excessive money supply growth feeding the stock markets.