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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (72318)	12/24/1999 11:33:00 AM
From: Mike M2	Read Replies (4) of 132070

Mike, in one of your notes you said you expect the Fed to drain excess liquidity after Y2K while that seems to be what a prudent central banker would do,however, AG has done nothing to demonstrate restraint. Every financial strain that he has encountered has been met with progressively easier money. IMO the fed is so political that they will attempt to perpetuate the bubble until the election. Someday, hopefully soon ,the currency and credit markets will impose some restraint on AG.com but until then I expect AG to continue bubble maintenance at the expense of the future. The bigger the boom the bigger the bust so I expect severe TL & EV before the end of the 21st century. -g- Merry Christmas ho ho ho Mike

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