Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

Another poster sent me this excellent article.

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"In more recent experience, the Fed Funds rate went modestly negative in 1993. A period in which the Fed was determined to reliquify the domestic banking system. Maybe the unintended consequence of that period was that the incredible stimulus injected into the economy really became the initial liquidity foundation of the financial and economic bubble that was to eventually unfold."

A perfect description of what he is attempting to do now.

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http://home.pacbell.net/idorfman/04222003.htm

mlsoft