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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (13792)1/22/2002 11:10:32 PM
From: LLCF  Respond to of 74559
 
<Yes, but it does get things going! Anyway, it's not artificially low. The Fed is the defining body so whatever they decide is in fact the natural level. Like tides, it doesn't stay constant. >

Actually, great analogy, the Fed is like the levy.... sometimes they don't work, sometimes they leak, sometimes they break, I'm looking for the 100 year break :) ... but they DO create an artificial flow... for a while. :)

<There is no such thing as a 'natural level' for the $. >

Didn't address the dollar.

DAK