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I wish now I hadn't deleted a great deal of FED commentary received
yesterday in a
free newsletter. I thought about posting the info; then decided against the
idea. My mistake.
Now; I can't discuss this article by mentioning the name of Roger Arnold.
More later; maybe.
chas
----- Original Message -----
From: Kent Rollins <kentr@xxxxxxxxxxxxxx>
To: M. Simms <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, September 24, 2002 11:50 PM
Subject: Re: [RT] FED IS DEAD (brain dead)
> 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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