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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (1257)2/26/2001 3:47:59 PM
From: Keith MonahanRead Replies (1) | Respond to of 24758
 
Now this is inflation - thanks boys at the CME:

Dear Quote.com Subscriber,

We are sending this email to inform clients who use CME futures data of some
impending changes to the exchange policies. As of March 1st, 2001 the Chicago
Mercantile Exchange will be raising their exchange fee for real-time data from
$10 to $60 per month. If you are subscribed to this exchange, the fee increase
will be automatically adjusted for the March billing cycle. If you wish to cancel
this exchange, you can do so by clicking the below link.



To: ahhaha who wrote (1257)2/27/2001 10:23:13 AM
From: ahhahaRead Replies (2) | Respond to of 24758
 
Wayne Angell says monetary policy is too tight!

He says if the FED provides more liquidity the value of everything rises including gold!

He uses the term "value", but he means "prices". If he meant value then he's saying the creation of money adds value. This is overtly false. After a certain point it reduces value by increasing prices.

Wayne Angell is recommending a policy explicitly calling for inflation. He wants the FED to inflate our way out of economic malaise. If Greenspan agrees, we are headed for a major disaster.