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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 338.73+0.7%Dec 10 4:00 PM EST
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To: Wally Mastroly who wrote (1140)5/11/2001 3:37:50 PM
From: Boca_PETE   of 10065
 
Wally M: RE:(" . I think they are willing to overshoot on the rate-cutting side - as they were probably willing to do on the rate-increasing side. ")

I think it was back in the 1960's or 70's when the FED pressed the gas peddle and the economy would start to overheat. Then they'd press the brake peddle and the economy would start to slow to much. Seeing the economy sink, they'd repeat this process over and over. As I remember, it was referred to then as "STOP and GO ECONOMICS". I wonder if we are not in store for a repeat performance of this process for an extended period of years.

Any care to speculate on the possibility of the above ?

Feel free to chime in, Justa.

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