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To: IceShark who wrote (40009)2/14/1999 1:02:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

Glenn, To put it simply - yes. Although it isn't folding money obviously - just electronic
entry. And they have been printing money at a furious rate and since there isn't enough
productive places to use the new money it is flowing into the equity markets and inflating
them. Obviously it is a bit more complicated, but that is the gist of it.


Ice,

That was what I thought but I wanted to be more sure.

Glenn