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B$ The Bell, Moonday, March 15


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#196 Hypertiger

Hypertiger

    Assistant Professor of Stock Proctology

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Posted 16 March 2004 - 12:59 AM

Interest rate policy?

100 basis points to play with...

add or subtract...

will add or subtract time left in the good old days doing nothing will do nothing to effect the time left...

Fortunately there is not much time left to stare at the gongshow...
"We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money (at the request of the consumer) we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." --Robert H. Hemphill, Atlanta Federal Reserve Bank,1938...





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