Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (171)	11/21/2002 2:02:09 AM
From: ahhaha	Read Replies (1) \| Respond to of 621

Sure enough, the process is very far under way and there has NOT been any implosion, no deflation [in the way I mean it], no collapse, no recession or depression, no mass unemployment. You're wrong. FED has been incredibly stingy. They have hardly created a dime. Got that? Not a red cent. Why should they? We're drowning in money. That's all the problem. Money isn't dear. That's why it doesn't matter what interest rates are and it doesn't matter where FED fixes the fed funds rate. Effective rates are zero. Uncle Al did what I hoped and the process has gone as I hoped. So far, so good. You're dead wrong. AG hasn't done anything. Hell, they even stopped the permanent to support the public's currency preference. I don't think a collapse was an absurd thing to consider given the size of the bubble and the messes around the world. There are few messes and the few can be attributed to the ever shrinking number of socialist states still alive. The bubble was not that kind of bubble. Just consider. Was the NYSE well correlated to the NAZ? Who's afraid of the big bad wolf? You are, because you think the wolf is still prowling, yet you can't identify it.