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: Haim R. Branisteanu who wrote (52326)	5/26/2000 11:42:00 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 99985

Haim, the Fed is the originator of inflation according to the classic Austrian definition thereof (which only looks at the growth in the money supply - not the effects thereof. inflation has for years simply been channeled into stock prices instead of goods and services). here is an article explaining the Austrian view: newaus.com.au In January 1980 the US Federal Reserve Board?s money base stood at $132 billion. By the end of April the base was $573.4 billion, an increase of 334 per cent. We can thus conclude that rather being seen as an inflation fighter, the FED should be regarded as the sole source of inflation. regards, hb