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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus_Long who wrote (48289)10/23/2003 12:00:57 PM
From: zonder  Read Replies (1) | Respond to of 57110
 
If indeed the Fed intends to decrease the money supply, it would actually be a rational decision. As we discussed before, there is no real risk of deflation. Whatever they wanted to achieve by this flood of money (feel-good factor AND easing of credit pressures on the overly indebted nation), they achieved it. From here on, there is little use pumping a bubble in the stock market, and creating inflationary pressures at the same time.


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