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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (28834)	9/24/1998 9:27:00 PM
From: Joss	Respond to of 94695

Hi Haim, <<<And, why in the hell is Germany not willing to do the same? >>>> I think that there may be another reason. The people running the Bundist(sp) Bank are terrified of inflation. It is a religion with them. They lived under the hyperinflation after WW1. They are resolved never to let that happen again (IMHO). Thus, they will always error on the side of inflation until it is obvious to the last man, woman and child that the problem is otherwise. Steve

To: Haim R. Branisteanu who wrote (28834)	9/24/1998 9:56:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 94695

Haim, I am not an economist but looks like the Nobel Prize winners at LTCM are much better! But, I do have common sense and a .75 basis point cut is crazy. All we will do is put more air in this balloon. Excess liquidity is what got us here and that is supposed to solve the problem? I think not. But I guess we will have to agree to disagree. <g> Plus I really don't understand what this has to do with the price of eggs in China. <<Germany has the most exposure to Russia and other East European countries, for more than the US or UK. Interest rates there are lower than in the US or UK, therefore those two countries need to lower interest rates as inflation rates in all western countries are more or less the same.>> Regards Monty