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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (15136)8/13/2002 10:43:59 PM
From: ubetcha  Read Replies (2) | Respond to of 82480
 
Searle,

The problem is that the one who has our balls between his teeth is the Fed. They have no clue. If they had lowered rates it would have hit the dollar much harder as other economies have been or are considering raising rates, and that is where the money will go. If they raised rates, it will start shutting down borrowing. Since Companies and worker bees are at their max credit line, that may not have had any affect. Letting the ogre have the power in their teeth is not good for us. The ogre has already done us a lot of damage, and anything they do now will only hurt more, no matter how they tell us it is for our own good. Remember that productivity is going through the roof (sic.). We have no inflation anywhere (sic.). We are in great shape and never forget it!

Tonight gold up and $ down. Tomorrow it will change.

We live in interesting times!

Terry