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To: Box-By-The-Riviera™ who wrote (77501)3/8/2001 6:59:16 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
One more reason to buy Euro's



To: Box-By-The-Riviera™ who wrote (77501)3/8/2001 7:49:10 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
the man that used to 'fine-tune' the money supply...FINE-TUNE??? the very money supply Greenspud can't define? and that has risen at unprecedented rates over the past decade? THAT money supply? seems to me he was rough-tuning it. :)



To: Box-By-The-Riviera™ who wrote (77501)3/8/2001 8:03:27 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
<<His innovative streak was evident, colleagues say, in the New York Fed's new liquidity measures introduced ahead of the transition to year 2000 as insurance policy against any catastrophic computer failure due to the so-called Y2K bug or a run on banks.

Under those measures, the Fed flooded the banking system with liquidity, partly by expanding the types of collateral it accepted for repurchase operations.

Y2K turned out to be no panic but the special liquidity measures kept confidence in the banking system high and contributed to a sense of calm in the markets around the turn of the century.>>

so the bubble pump that brought us the NAZ blow-off is now called 'an innovative streak'?? how's that for spin? they should lock the dude up, not promote him...sense of calm, my ass...