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To: Crimson Ghost who wrote (103378)5/18/2001 8:19:45 PM
From: John Madarasz  Respond to of 436258
 
Message 15821132



To: Crimson Ghost who wrote (103378)5/18/2001 9:20:03 PM
From: LLCF  Respond to of 436258
 
<Real after-tax returns on money funds will soon be negative. And lots of retirees are going to be taking big hits because of this. >

Well, I guess we need their money forced into other instruments to keep the system afloat!! Proping up the malinvestment with widow's and orphans money... how sad. All this unfolding right in front of our eyes and nothing one can do but warn those close to us that will listen. This is going to make all this energy hoopla look like a walk in the park... the cries for regulation in financial services will start to be heard shortly I think.

DAK



To: Crimson Ghost who wrote (103378)5/19/2001 1:37:32 AM
From: Jim McMannis  Read Replies (2) | Respond to of 436258
 
RE:"Real after-tax returns on money funds will soon be negative. And lots of retirees are going to be taking big hits because of this"

So you are looking for low rates, higher inflation?

JIm


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