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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: limtex who wrote (71487)5/4/2000 7:38:00 PM
From: Boplicity  Read Replies (3) of 152472
 
limtex, This is hard for me to admit, since I always have had faith in what the fed is doing, but I'm beginning to believe what you are saying is correct.

Now if you accept the FED needs to crush economy, and the fact that inflations does in fact appear to be rearing it's ugly head, what are the alternatives to controlling the economy and inflation then rate increases? So many changes are happening at the same time, innovation is occurring at a rapid pace, economies are becoming more global. The FED's tool chest seems to be lacking the necessary tools to control this new economy with out stifling it. Scary to think of it the end result of the fed ruining foundation and slowing the momentum the Internet has given the world economy. I wish they would leave it alone, let it be free and stop playing GOD. IMHO.

Greg
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