SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bill Fleckenstein, the BEAR! Is he finally right?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: themadsnooker who wrote (217)3/1/2000 9:39:00 AM
From: Tommaso  Read Replies (2) of 259
 
Well, you certainly have those members of the United States Congress on your side who call him a "national treasure."

But if one reads Milton Friedman and Anna Schwartz's "Monetary History of the United States," and look at the figures provided by the Federal Reserve bank of St. Louis, one sees that the Fed itself has created the conditions for inflation, and that the Fed itself will be fighting those conditions by raising interest rates.

So in a sense both sides are correct on the SI threads. Just some of us wish the Fed had never made possible the stock market bubble in the first place, and some of us want it to go on forever and think that it can.

I wish Alan Greenspan the best of health. I want him to live long enough and stay in office long enough to take the responsibility for what his Fed has caused.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News