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: KeepItSimple who wrote (57125)	1/11/2001 3:32:02 PM
From: re3	Respond to of 436258

Message 15164766

To: KeepItSimple who wrote (57125)	1/11/2001 3:34:40 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 436258

if what you say were true, stocks would be going up since late October, as he's been printing like crazy all this time. imo the fresh money supply gets siphoned off into INFLATING assets, not deflating ones. liquidity trap mechanics always come into play once a bubble bursts. the two examples this century prove that beyond doubt. consider this: things have gotten so bad, that DCX, one of the three largest car manufacturers in the world, is experiencing a cash crunch, having worked its way through a cool $6 billion in the space of a few months. yes, the gamblers may ignore these facts for a while, and i'm sure scores of panicky shorts are covering as well. but the facts remain the facts.

To: KeepItSimple who wrote (57125)	1/11/2001 3:40:30 PM
From: Les H	Read Replies (1) \| Respond to of 436258

He's also decided that it's preferable for people to pull more equity out of homes to spend and invest as opposed to a tax cut to boost private savings.