often in ways that were not readily foreseeable a year ago.

What they perceive as newly abundant liquidity can readily disappear,

What they perceive as newly abundant [cash] can readily disappear,

I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.

I put it on the table two weeks ago to alleviate going through this every year.

Let me say this anyway on the record: We do not and have not been targeting stock prices for the purposes of endeavoring to stabilize this economy, ... We react if and when stock market price changes impact on the economy. We respond to the economy.