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market_watcher

08/31/03 4:13 PM

#146521 RE: urmygold1 #146429

Yes, the Fed knows that by keeping rates pegged low they can stimulate buying. Any day-to-day machinations would pale in comparison.

he just makes the paper money so cheap that it is truely worthless paper

Hey, only governments can take perfectly good ink and paper and make it worthless. <g>