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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (6831)	4/15/2004 9:40:59 AM
From: SOROS	Respond to of 312301

*** Why are houses rising in price so much? We don't know. But the feds are doing some extraordinary things. The national debt is rising at the rate of $2 billion per day. And the Fed itself has not only left its key lending rate at an extraordinary 1% for almost a year - apparently fighting a battle with an enemy it says doesn't exist - it has also goosed up the money supply to an extent the world has never before seen. In the last 4 weeks, M-3 has shot up $100 billion. At this rate, a trillion dollars is added to the planet's money supply in a single year. By our calculation, this equals about $10,000 new dollars for every family in America. Hmmm... dailyreckoning.com