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whoa ...
At 12:50 AM 9/25/2002 -0400, you wrote:
>Jesus, Simms!
>
>Why do 1958-level rates spell deflation? Why doesn't it just spell
>1958 rates? Did we have deflation in 1958? Was it a depression? Get
>a grip on yourself or I'll start a collection to send you to JA-PAN.
>You're starting to remind me of Dic Migrain only with less content.
>
>Kent
>
>
>Wednesday, September 25, 2002, 12:06:57 AM, you wrote:
>
> > 2 year Treasury notes at rates last seen in 1958 !! Hello: can you spell
> > D-E-F-L-A-T-I-O-N ???
> > The FED can't....they never thought it could happen !! They can't handle it
> > !!!
> > Why not ? : 30 years of handling inflation....and they don't know what
> to do
> > !!!
> > The FED is torn between causing even more of a panic in reducing short term
> > rates below 40 year lows....
> > and adding more needed liquidity.
>
> > What should we do ?
> > Answer: send the FOMC to JA-PAN.
>
>
>
>
>
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>
>
>
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>
>
>
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