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To: GraceZ who wrote (80527)	3/14/2001 5:47:17 PM
From: BigBull	Read Replies (1) \| Respond to of 436258

From the feed me feed me file: Indonesia: atimes.com One IMF rescue is too much, and a thousand are never enough.

To: GraceZ who wrote (80527)	3/14/2001 5:57:13 PM
From: pater tenebrarum	Respond to of 436258

yep...on the contrary. their printing has gone into absolutely breath-taking overdrive, and still everybody's urging them to cut even more, and in larger steps...what are they supposed to do? grow the money supply at 100% per year?

To: GraceZ who wrote (80527)	3/14/2001 7:40:36 PM
From: Ilaine	Read Replies (1) \| Respond to of 436258

I am absolutely convinced that some day when Greenspan's personal memoirs are made public, we will find that he was baffled and bemused by the public perception that the Fed was trying to prop up the stock market, the LTCM bailout notwithstanding. But then, I am a contrarian. -g- The papers available on the Fed site written by Fed writers clearly delineate the problem of moral hazard, which is counterbalanced by the problem that so many people now hold equities, and the problem of inflation, and the problem of deflation, and the problem of government spending, and the problem of foreign exchange, yadda yadda yadda. Did you ever go to the circus and see the jugglers spinning the plates on poles, running from pole to pole to start it spinning again before the plate fell? You might like this chart: edge.org