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To: Oblomov who wrote (30540)10/23/2000 7:30:46 PM
From: Andy Thomas  Respond to of 436258
 
--The Fed appears to be fighting deflation with every weapon in its arsenal, and yet we see a credit crunch unfolding... --

bingo...
andy



To: Oblomov who wrote (30540)10/23/2000 7:40:17 PM
From: robnhood  Read Replies (3) | Respond to of 436258
 
Certainly gold is telling us about deflation. Also other metals, like copper, and silver. They cannot rally even in a multi-year deficit situation, and while building is supposedly booming. Even lumber continues to slide.



To: Oblomov who wrote (30540)10/23/2000 11:22:58 PM
From: LLCF  Respond to of 436258
 
It seems like all the newly printed money is finding it's way into the hands of the 'haves' as well....

DAK



To: Oblomov who wrote (30540)10/25/2000 8:45:37 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
Not only are they fighting deflation, but they have everyone confused that they are fighting inflation. Has anyone seen the "d" word in the mainstream press?
The Fed appears to be fighting deflation with every weapon in its arsenal, and yet we see a credit crunch unfolding.