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To: fedhead who wrote (24642)10/4/2000 7:28:40 PM
From: pater tenebrarum  Respond to of 436258
 
you may be right insofar as the Fed surely will intervene if the market falls back to these levels. however, the spigot's already wide open, and has been throughout the past two months. the wisdom of this policy is highly questionable...obviously an attempt is being made to keep the stock market bubble going through the election period, but the inflationary pressures in the economy are increasing accordingly. flooding the system with ever more money when energy, housing and healthcare costs are going absolutely bonkers already may not be an option.



To: fedhead who wrote (24642)10/4/2000 7:57:27 PM
From: UnBelievable  Respond to of 436258
 
The Value of The Dollar Decreases

1) Foreign Money Repatriates - Offsetting Impact on Financial Markets

2) Debt Becomes More Expensive - Reducing Company Profits and Spendable Income For Consumers

3) Imports Cost More - Increasing Consumer Prices and Hurting Corporate Profits Even More Than A Strong Dollar Is Claimed To Have Done.

4) US Markets Decline Further

5) Go To 1

Markets Don't Crash Because Anyone Wants Them To - They Crash Because Nobody Can Stop It.


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