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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: No Mo Mo who wrote (5464)	7/24/2000 6:45:04 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<<Then who is left holding the bag for this govt paper the Fed purchases? >> Anyone holding dollar-denominated assets, in the form of debasement of the currency. This includes stocks, bonds, money market accounts, etc. People on a fixed income, of course get royally screwed. Our foreign friends who hold U.S. denominated debt, are helping us hold the bag...... As the Temptations (or was it Sonny and Cher?) said, "And the Beat Goes On"