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To: Tommaso who wrote (120236)9/9/2001 9:43:12 PM
From: robnhood  Read Replies (1) | Respond to of 436258
 
<<Tightening works a lot faster (as we saw over the last 18 months, from what the fed was doing in 1999 and on into 2000).
>>

I think that has nothing at all to do with what is happening now.... I agree with all the mega bears on here--- We are now witnessing the flip side of too much prolonged ease in the face of rampant asset inflation.. The miniscule hikes you mention were futile rearming for what was coming...Rates are headed to zero....