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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (2894)	4/6/2001 12:37:28 PM
From: Tommaso	Read Replies (1) \| Respond to of 74559

Then there was one of our local candidates for mayor, who was arrested for public drunkeness. When asked whether he wanted to plead innocent or guilty, he said, "Your honor, I wish to plead self-defense." Meanwhile, back to this coming financial collapse. The Federal Reserve has continued for the last twelve weeks to create as much credit as possible--to flood the system with so much cash that there can be no sort of deflationary collapse as occurred in the 1930s. Surely at some point this has got to hit the dollar hard, and surely at some point (if it keeps up) this has got to set off wage/price inflation that can only be controlled by once again raising interest rates. Maybe the bankers and brokers (I hope) will stay afloat, but it looks like disaster for the securities markets for the next few years, especially if higher interest rates start to compete with the miniscule dividend returns available from most stocks. Yes, dividend yield does matter in the long run.