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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: Bill Ounce who wrote (1051)	2/10/1998 10:56:00 AM
From: Bill Ounce	Read Replies (1) \| Respond to of 9818

1st National bank of Chernobyl From Westergaard Year 2000 Tip of the Week y2ktimebomb.com excerpt: [...] Naturally, the government will try to prevent this kind of panic by attempting to provide cash to the system. Lots of cash. Boxcars and semi-trucks full of the stuff. The more widespread the panic, the more cash they would need. The key question becomes then, can they provide enough? Fast enough? I believe there are serious doubts. For one thing, nothing like this has ever happened before. The ability of our government to manage such a broad, technological crisis has never been tested. Indeed, until last week, they have characterized it as a non-event. There are also questions about the raw production capabilities of the Bureau of Engraving and Printing, which is the agency that creates all currency. It is my understanding they must currently operate at nearly 95% just to meet current demand. There is evidently a serious question about their ramp-up ability to meet any extraordinary demand. [...]