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To: Siddhartha Gautama who wrote (50903)8/21/2002 3:26:42 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
would it not help avert a depression?

Nobody, but nobody is talking about a depression. How the hell did we get there? As far as the government is concerned, there is no recession.



To: Siddhartha Gautama who wrote (50903)8/21/2002 4:10:26 PM
From: yard_man  Respond to of 209892
 
>>would it not help avert a depression?<<

a contraction in economic activity cant' be averted --
re-inflation won't work. Fleck is right about that -- they started by firing all their guns at the first sign of trouble. IF the market stays propped anywhere near these levels -- you'll be paying $10 for a loaf of bread, if you still have a job.


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