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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (87019)	12/16/2000 9:42:32 PM
From: Spekulatius	Read Replies (1) \| Respond to of 132070

Mike, i think one of the problems is that people think the government will somehow intervene to avoid a recession. A rate cut next week is already factored in, even though Greenspan says, he has a neutral stance. Greenspan is under tremendous pressure to deliver. As far as myself is concerned,i am getting more and more worried about the US$. I do not think that anybody here has a desire to defend the US$. That is very different from the situation Germany, where people would rather take a slowing economy than inflation. I think we are getting both there in the US anyways. I have been moving a considerable amount of my cash into the Euro via BEGBX and plan to do so more. The total lack of urgency in the US regarding the inflation is very disturbing to me.