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To: Arthur Tang who wrote (1829)3/30/2001 1:12:38 AM
From: TobagoJack  Read Replies (1) | Respond to of 3256
 
Hi Arthur,
<<"Don't fight the FEDS" is because of the money printing authority they have.>>

I know you do not mean this literally. I believe FED influences the creation of various types of money, and makes money available should they be needed, at the discount rate they ask. The FED does not create the need for money, nor the need for an SUV, and therefore only indirectly influences the economy.

Look no further than Japan.

I am in fact a borrower of Yen. Love it.

Chugs, Jay