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Non-Tech : Money Supply & The Federal Reserve -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (1064)	10/3/2003 9:33:24 AM
From: Cush	Read Replies (1) \| Respond to of 1379

Thanks, Vi. I opened that link and have it on my reading list for today. Cush

To: Real Man who wrote (1064)	10/3/2003 10:06:18 AM
From: Joe S Pack	Read Replies (1) \| Respond to of 1379

Vi, Thanks for the link. I will read it today. So it is official that Fed crooks are working for the Wallstreet crooks. So much for the transparency!. "Thus, our results suggest that easier monetary policy not only allows consumers to enjoy a capital gain in their stock portfolios today, but it also reduces the effective amount of economic and financial risk they must face." "Or, choosing magnitudes that might be more helpful to the intuition, we could just as well say that a surprise cut of 25 basis points in the federal funds rate should lead the stock market to rise, on the same day, about 1.25 percentage points--about 120 points on the Dow Jones index at its current value."