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To: Ilaine who wrote (99908)5/5/2001 1:01:00 PM
From: Box-By-The-Riviera™  Respond to of 436258
 
To a point I agree with what you say... but I think it's being created by both

unrestricted printing/repos/multiplication effect

and

unrestricted derivitives/multiplication effect

either way value is purely mythical when tied to the above, now more than ever according to some.



To: Ilaine who wrote (99908)5/5/2001 2:35:19 PM
From: Don Lloyd  Read Replies (1) | Respond to of 436258
 
CB -

...the creation of money is being controlled, not by the Fed, but the free market....

This would imply that an unhampered free market is making corrective adjustments for fluctuations as they occur. This free market does not exist. More likely, the creation of money has spiraled out of any control.

Regards, Don


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