SI
SI
discoversearch

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.
Pastimes : Book Nook -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (176)4/4/2001 12:46:20 AM
From: JF Quinnelly  Read Replies (1) | Respond to of 443
 
Sterilzation is a process the Fed used that prevents imported gold from increasing the domestic money supply. It may have involved selling an equivalent amount of bonds, but I'm not sure of the exact mechanism.



To: Ilaine who wrote (176)4/5/2001 10:33:44 PM
From: JRI  Respond to of 443
 
Cobalt, Don: Re: Japan...

Americans unusual that so many own (are paying off) their own home. In most the world, like Japan, many couple live in their parents home (so no mortgage), either with or without parents...Think about the quality of life you could have without a mortgage payment.

Of course, Japanese also save 20-25% (there's your mortgage payment)....but it wouldn't surprise me if they dip in that account, and binge now and then on vacations, luxury items..


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News