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


To: Abner Hosmer who wrote (1259)2/27/2001 10:10:45 AM
From: ahhahaRespond to of 24758
 
They don't seek to inflate. They seek to practice counter-cyclical policy. Ah yes, the other side of the flight. They may not have the stomach to fix rates higher. That's when the market will take over and do it for them. This is what happened in '79 - '80.

It isn't well known, but after a point more money makes you poorer.