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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (12308)2/24/2000 8:24:00 AM
From: re3  Read Replies (1) | Respond to of 42523
 
comments anyone re cisco

Message 12957451



To: KyrosL who wrote (12308)2/24/2000 8:58:00 AM
From: pater tenebrarum  Respond to of 42523
 
KL, it's the other way around. and yes, the Fed DOES have control over this. if it decided to drain reserves, the monetary aggregates' growth rate would decline. the Fed has been seduced by the disinflation to leave it's monetary policy way too loose.