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.
Technology Stocks : JDS Uniphase (JDSU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SouthFloridaGuy who wrote (10534)5/25/2000 7:56:00 PM
From: Hank Stamper  Read Replies (1) of 24042
 
"By that time the economy will have slowed to a creep. "

I vote with the Dipster on this one.

The problem here is that no one, not even Greenshades, knows when the economy will slow. This is simply no viable model for this.

It is as much of a fact as anything that the Fed's actions (s.t. rates and liquidity) constitute a blunt instrument with no dials and gages or speed indicator. It's like bashing a tomato with a hatchet. Hit it just right and you get a nice slice, otherwise you get juice and you can't tell when it will hit the fruit. I think you alluded to this when you noted that the Bad Times (1930s) was the result of mis-management. Indeed, that is a case in which there was a liquidity bubble followed by a major tightening. We have had the bubble but it is not expected that Greenspan will do the latter. Thank Goodness.

Ciao,
David Todtman
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