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To: pater tenebrarum who wrote (5728)7/25/2000 3:50:15 PM
From: accountclosed  Read Replies (3) | Respond to of 436258
 
Message 14104195



To: pater tenebrarum who wrote (5728)7/25/2000 3:56:12 PM
From: Dave-in-MarinCa  Read Replies (1) | Respond to of 436258
 
"however...it is not quite clear why these papers are written at all"

Perhaps there are a few brave souls still trying to do their job?

" the only thing that's not normal is really how they're pussyfooting about with their ludicrous baby step hikes and the massive liquidity injections through the back door, all in the name of keeping the bubble afloat..."

Perhaps we are witnessing an attempt at foreign policy via monetary policy with the strategy that the dollar will win? If so, it ($) will be worth less (worthless?) before its all over. Too bad the euro didn't come together last year. What's that saying? Power corrupts and absolute power corrupts absolutely....