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To: UnBelievable who wrote (64095)2/1/2001 7:50:39 PM
From: Shack  Read Replies (1) | Respond to of 436258
 
the result has to be rapid deflation of the stock market or ruinous levels of inflation.

I agree, but judging from what we've seen from the Treasury, it appears that they are going to print until we get the latter.

I guess my point is, I don't want to miss another 20% tech rally because of my stubbornness<g>.



To: UnBelievable who wrote (64095)2/1/2001 8:21:26 PM
From: Mark Adams  Read Replies (1) | Respond to of 436258
 
That was the story from 97-99 IMO, but now things are different. Liquidity is going to manage the debt load, I suspect. BWDIK?

In The Short Term It May Be That A Significant Portion Of The Inflationary Nature of Excess Currency Production Actually Is Primarily Focused On Financial Assets (Stocks).


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