tag:blogger.com,1999:blog-20377909.post2056697302948983974..comments2024-02-26T08:05:58.174-08:00Comments on ECONOMICROT: End of the road for FOMC rate cuts; Pause to come?Randyhttp://www.blogger.com/profile/09221346085089343469noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-20377909.post-54478200419075824002016-12-29T07:23:25.399-08:002016-12-29T07:23:25.399-08:00This comment has been removed by a blog administrator.Dr Purva Piushttps://www.blogger.com/profile/05883980841903455890noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-88861375115993235682008-04-27T09:05:00.000-07:002008-04-27T09:05:00.000-07:00Hey Sid,I'm thinking mid 60's this year and 50's n...Hey Sid,<BR/><BR/>I'm thinking mid 60's this year and 50's next, but ultimately (long-term) zero as the Fed hyperinflates the dollar into oblivion.<BR/><BR/>Agree with your 9K Dow comment. <BR/><BR/>Didn't you get the word on M3? (BTW: I know you know so this info is for the benefit of others)<BR/><BR/>The Federal Reserve Bank’s official reason for eliminating M3 was: “the cost of collecting the underlying data and publishing M3 outweigh the benefits.”<BR/><BR/>Absolute BS!!!!<BR/><BR/>A more likely reason for M3 discontinuance is dollar devaluation. <BR/><BR/>Eliminating the M3 series allows the Fed to print the dollars needed without anyone knowing how many were printed.<BR/><BR/>Of course, as more dollars are created beyond demand, they eventually become worthless, but by hiding how many dollars are in circulation, the Fed is trying to prolong the dollar’s value.<BR/><BR/>Regarding the "captcha" images. You arent kidding. I typically have to try 2-3 times before getting it right.<BR/><BR/>Thanks for posting Sid<BR/><BR/>RandyRandyhttps://www.blogger.com/profile/09221346085089343469noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-15366715349653611472008-04-26T14:25:00.000-07:002008-04-26T14:25:00.000-07:00So, below 70 on the DXI... is your thinking 69.9, ...So, below 70 on the DXI... is your thinking 69.9, or 50? (or zero?)<BR/><BR/>The market's have sure changed over the past decade or so, by my count we should be somewhere around 9k on the Dow.<BR/>($550 for GOOGLE? c'mon!)<BR/><BR/>But it sure looks like this current market doesn't let pesky little things like facts get in the way of it's rally. (Tell me again why we're not reporting M3?)<BR/><BR/>Sid<BR/><BR/>(P.S. man.. those 'captcha' images are getting hard to read, someone must've invented a char. rec. program or something.)Anonymousnoreply@blogger.com