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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (8592)	11/28/2001 12:27:19 AM
From: Whiteboy	Respond to of 99280

Looks like asia is going down tonight! I guess they didn't hear the great INTC news or maybe they actually read what INTC said <G> Whiteboy

To: Softechie who wrote (8592)	11/28/2001 12:57:59 AM
From: FR1	Read Replies (1) \| Respond to of 99280

Banks can sit on money over 1 year and get free money. Yeah but the downtown office buildings that banks have cost a lot. They have to loan out money to get the kind of return they need to meet overhead. The same is true with businesses. They can't rely on CDs to make money at these rates. That is what the FED is trying to do - make money so cheap that you can't live off savings. You have to invest it in some kind of business development that makes money. For further pressure, the FED also has the power to buy up CDs & other paper that the banks hold leaving them with mostly cash.

To: Softechie who wrote (8592)	11/28/2001 1:41:06 AM
From: LTK007	Respond to of 99280

deflation? let's put it this way i do not think it is incorrect that a deflation thread has been started. There is enough data now to make this a worthy debate. On reading that buffet article today another wisdom from him---it goes something like this--if confronted with a bit of data that goes against your own views,memorize it and do NOT pass it by;because if you do you end up with a censored mind that rejects all that opposes your beliefs.So always process all counter points to see if your views still stand.Max p.s. that was a loose paraphrasing:) max