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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Activatecard who wrote (11114)8/15/2000 9:47:29 AM
From: pater tenebrarum  Read Replies (1) of 436258
 
yes, i know...and i actually anticipated it. he's trying to outprint the negative stock market seasonals ahead of the election. he knows the stock market IS the economy now...it's the only sector of the economy in which inflation can rage unhindered, the one sector in which hyperinflation is actually regarded as a 'good thing'.

a vast source for misallocation of capital and malinvestment...my guess is it will be referred to in the history books as the 'Greenspan bubble'....
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