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Non-Tech : Greenspan, Rubin & Co - the Most Irresponsible Team Ever??

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To: Cynic 2005 who wrote (262)3/30/2000 5:16:00 PM
From: Daniel G. DeBusschere   of 309
 
The Fed is using jaw-boning techniques it appears -
A lot of statements lately by both voting and non voting members of the FOMC are getting a lot of press. It's now no longer just Greenspan.
I believe these guys really do not want to jack up rates.. So their next best thing (especially hitting the NASDAQ) is to scare off the market with threats. "We are coming to getcha and slam you with all that it takes, but we really do not see any evidence of inflation in the current numbers or we really do not see any speculative bubbles, etc.."
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