Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: adcpres who wrote (4013)	3/23/2001 8:06:20 PM
From: eddieww	Respond to of 52237

"TO all The FED watchers: Good reading!" LOL!! It's astonishing that someone with so little grasp of the basic laws of supply and demand, not to mention monetary policy, could get published by the WSJ. "...the excessive growth of the monetary base did push interest rates...way too high." Excess supply leads to higher prices? Excuse me??? "The Fed is now doing everything correctly. If it were to once again grow the monetary base too rapidly our short-term euphoria would come back, at the risk of long-term inflation and economic stagnation like that of the 1970s. By maintaining stable, modest growth in the monetary base, the Fed will help the economy start to recover and secure our longer-term prosperity." Perhaps this guy isn't up on his current events. Since Mid-November the monetary base has been expanding faster than it did for y2k or even the LTCM fiasco. Really, you should post this over on CFZ. It's a Laffer!