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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (43850)	3/15/2001 9:47:35 PM
From: Shoibal Datta	Read Replies (1) \| Respond to of 70976

Eugene, that gives me pause. Like, take-my-money-out-and-stuff-it-in-a-pillow kind of pause.

To: 16yearcycle who wrote (43850)	3/16/2001 10:29:48 AM
From: Kirk ©	Read Replies (1) \| Respond to of 70976

the adjusted monetary base is still negative year over year, and with the population increase, the numbers are even worse. stls.frb.org You can sure see on that chart the pumping the fed did to get us through Y2K, but I sure don't understand why they need to keep it so low NOW??? Perhaps it is not THAT controllable and what we are seeing is a "reflection" that you often get after an impulse hits a natural system? Mathematically, this makes a heck of a lot of sense and might explain why Greenspan isn't in a hurry to lower rates as we are getting a reflection off the Y2K injection which will settle out?